Brexit is approaching, US backing exit without a deal



The UK is preparing to go out of business and this must become a priority for ordinary citizens and be prepared for everything. Brexit is approaching, and here's what the UK should do if the country comes out on October 31st.

States support Brexit. It is likely that in the second week of September, government separatists will try to thwart the no-deal Brexit. Johnson, however, said he prefers to go out with a deal, but he also gives clear indications that this may not happen.

Donald Trump and John Bolton have informed the British government that the US administration strongly supports the UK's exit on October 31, with or without a deal.

Bolton himself said he supported the no - deal Brexit, adding that Washington would accelerate the process of reaching a trade deal between the two countries. The deal or deals that are yet to come could be separate for each economic sector, with manufacturing being a priority.

Analysts, however, believe that Britain is already "one foot" in a technical recession. Fears of this event have been particularly heightened following recent UK GDP data, which showed a contraction of 0.2% for Q2 in 2019. These worries have not proved positive at all for the pound, which reached a 10-year low against the euro. Despite the volatility of the pound, inflation remains in the frame, employment is at record levels and real wage increases are still in positive territory. The UK Central Bank is seriously considering tightening monetary policy at least in the short term.

 Trader Martin Nikolov

Read more:

If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy