Looks Tough for May’s Deal to Get Through Parliament, Says StanChart’s Hewin

The video discusses the historical context of 1969 related to Northern Ireland and the challenges in reaching a Brexit agreement. It highlights the difficulties in obtaining concessions from Brussels that satisfy the European Reform Group (ERG) and the potential political dynamics involving the Democratic Unionist Party (DUP). The impact on Sterling and market reactions to the possibility of extending Article 50 and the risk of a no-deal Brexit are also analyzed.

What challenges are mentioned regarding the concessions from Brussels?

What signs indicate that some members of the ERG might support the deal?

What is the significance of the Democratic Unionist Party's (DUP) support in the context of the deal?

How does the potential extension of Article 50 affect the risk of a no-deal Brexit?

What are the implications of the currency markets factoring in the no-deal risk?