Our Privacy Statment & Cookie Policy

All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

January 14, 2019

Chart of the Week: Fathom’s StRRiM elevated amid Brexit uncertainty

by Fathom Consulting.

As the UK’s Brexit deadline approaches, the uncertainty surrounding the UK’s economic outlook is increasingly evident in market pricing. Last month, FX volatility briefly drove Fathom’s Sterling Relative Risk Metric (StRRiM) to the highest level seen since the immediate aftermath of the 2016 referendum. Market volatility is likely to continue in the near term, and possibly beyond the UK’s scheduled date of departure, if the UK asks for and is granted an extension to the current 29 March deadline — now the single most likely outcome in Fathom’s judgement. Sterling would undergo a modest relief rally in the event that parliament approved Teresa May’s proposed deal, or something close to it, but fall by almost 10% if the UK left with no deal.

Refresh the chart in your browser Edit chart in Datastream

Datastream

Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Article Keywords , ,

Get In Touch

Subscribe

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.x