Brexit Extension Likely if Deal Fails to Pass Says CIBC's Stretch

Jeremy from CIBC discusses the skepticism surrounding the EU-UK deal and its implications for the UK Parliament. He analyzes potential market reactions, including the impact on sterling and cable, and advises caution in trading due to political risks. Jeremy suggests buying dips in sterling if the deal is rejected, highlighting the inherent uncertainties in trading on political developments.

What is the speaker's perspective on the news from Mr. Makran regarding the UK Parliament?

What potential outcomes does the speaker foresee if a deal cannot be agreed upon tomorrow?

How does the speaker view the consensus on the downside of cable?

What are the implications of a no-deal scenario for the Conservative Party according to the speaker?

What trading strategy does the speaker suggest for sterling going into Sunday?