GBP loves the ‘cold hard facts about Brexit’ - GKFX

James Hughes, Chief Market Analyst at GKFX says 'hard Brexit’ or ‘soft Brexit’ doesn’t really matter and Sterling is likely to cheer the “Cold hard facts about Brexit”. “Protectionism and the resulting rise in inflation in the States isn’t really good news”, says Hughes while talking about Trump’s withdrawal of TPP and fiscal program. In the short to medium-term, it could be positive, but it doesn’t look good in the long-run, he adds.

Check out - Hughes discusses the possible impact of Trump’s protectionist policies on the equities

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