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As long as you have the strength, conditions are not a problem.
Market analysts said that during the day, the market was digesting the Brexit issue and weighing multiple risk factors such as the U.S. presidential election and expectations of a Federal Reserve interest rate hike.
Beijing time on March 1, the British High Court ruled that triggering Articles of the Lisbon Treaty requires a parliamentary vote. The judges said that the Brexit issue was completely legal. They did not accept the government’s justification. The British government lost the Brexit lawsuit. and decided to appeal.
If Theresa May ultimately loses, it means that Parliament has the right to vote on the Brexit plan. This process could delay the Brexit process for more than a year or indefinitely as policymakers engage in lengthy debates over the details. This will increase the possibility of a soft Brexit (Br), and Theresa May’s advantages in both houses are not large, so she may be prevented from triggering Article 1 of the Lisbon Treaty.
Later, the Bank of England announced its interest rate decision and meeting minutes last night, deciding to keep interest rates unchanged at .% and Q scale unchanged at 100 million pounds, in line with market expectations. Gold prices entered a rising channel around the time the Bank of England announced its interest rate decision and meeting minutes.
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