The EU is using £41 trillion of financial contracts as a Brexit bargaining tool, putting the EU’s financial sector at risk if a deal is not reached on the issue by Christmas.
The Bank of England has warned in its latest assessment of financial stability in the UK that the EU has only made “limited progress” on the crucial issue of so-called derivatives contracts. Read the full story at;
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Dealers in London & New York will be up all night at Xmas to receive a fabulous Christmas Bonus buying mainly German Derivatives cheaply which will in turn dramatically effect the Euro.
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