Find out what Brexit could mean for the markets and how a hard or a soft exit from the EU could affect traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.
With Brexit negotiations expected to come to a head at the EU summit this week, IG’s Sara Walker will be sitting down with two forex experts to discuss how the meeting’s outcome could affect the markets. Join us live on Thursday 18 October at 6.30pm (UK time) and put your questions to the experts using #IGForexChat on Facebook or Twitter.
The forex markets could be very volatile this week, with key pairs including GBP/EUR, GBP/USD and EUR/USD likely to move significantly after the EU summit on Wednesday and Thursday. The pound could drop if the meeting ends in uncertainty – for example, if the two sides decide they need more time to reach a final deal – or rise in value if a favourable deal is agreed. Of course, in the latter case, the response is likely to be somewhat muted given that it is not yet clear if there is a parliamentary majority for any version of Brexit in the UK.
The #IGForexChat live stream will be broadcast at 6.30pm (UK time) on Thursday 18 October – shortly after the meeting is scheduled to end. You can watch it via the trading platform, or our YouTube, Facebook or IGTV Twitter pages.
Simon French is the chief economist at UK merchant bank Panmure Gordon & Company and ranked as a top-five economist in the City’s Extel rankings. He previously worked as a senior civil servant, most recently at the Cabinet Office where he was chief of staff to the UK government’s chief operating officer (COO). He writes a monthly column for The Times newspaper.
Nicholas Cawley is a reporter for DailyFX, who specialises in analysing macro and micro events in the fixed income and foreign exchange sectors. He has nearly two decades of experience trading and broking a variety of fixed income products.
The discussion will cover a broad range of topics related to Brexit, including:
There will be a live Q&A during the session, so you can put forward any topics you’d like the experts to discuss, or any questions you want answered. Post your questions to the #IGForexChat Community page, or use #IGForexChat on Twitter or Facebook to get involved.
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