Danske analysts also commented “Next week in the UK, the labour market report for June is due out on Tuesday and CPI inflation in July is due out Wednesday. While the releases are important, the focus remains on Brexit and how it will develop over the autumn. Right now, the Brexiteers and remainers are discussing whether or not Parliament is able to block a ‘no deal’ Brexit from happening automatically. We still consider another extension or snap election (which would also likely require an extension) as the two most likely outcomes but we cannot rule out a no deal Brexit happening ‘by accident’.”
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