Wyn Thomas - Axys Investment Management

Weekly Market Update 27th October 2017

UNFORCED ERRORS SLOW PROGRESS

This week has been relatively quiet – and by relatively we mean that there hasn’t been a threat of nuclear war, terrorist attack or national tragedy, such
is the world that we live in. The closest we came this week was a national embarrassment, as David Davis went off script and claimed that MPs would
only get a vote on the Brexit deal after the UK left the EU. Quite how this restores the sovereignty of parliament from European tyranny is anyone’s guess
and the statement was rapidly retracted. The pound fell on concerns that the Brexit process isn’t going well. Read more…