Guy Foster: Unfolding drama of Brexit negotiations will impact sterling

Negativity surrounding pound excessive

clock • 2 min read

Ahead of Article 50 being triggered on Wednesday, Guy Foster outlines the sort of market movements he expects to see and some potential changes that could result to currency markets and funds

The market has accepted and, to some extent, priced in the triggering of Article 50 on 29 March 2017. More likely, sterling will be impacted by the unfolding drama of the negotiations, which itself drives the performance of a number of equity sectors. While investors have been conditioned to expect the worst outcome - namely, a full break from the European Union, possibly without membership of the single market - it could be worth holding back a little on negative speculation. The UK government and its European trading partners are bound initially to strike an uncompromising tone but ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK inflation rises to 3.8% in July

UK inflation rises to 3.8% in July

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
Bank of England meets expectations and cuts rates to 4%

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock 07 August 2025 • 4 min read
Think tank warns UK fiscal hole could surpass £50bn by 2030

Think tank warns UK fiscal hole could surpass £50bn by 2030

Government not on track to meet ‘stability rule’

Sorin Dojan
clock 06 August 2025 • 1 min read