The RSM Brexit Stress Index ended higher again this week on increased volatility. The composite index, which measures economic stress surrounding Britain’s impending departure from the European Union, closed at 1.74 on Friday from 1.64 a week ago. The foreign exchange market remains focused on ... READ MORE >
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The RSM Brexit Stress Index moves up amid global financial backlash and domestic slowdown
The RSM Brexit Stress Index moved up again this week, showing significantly higher levels of stress after the United States escalated its trade war with China and the Chinese renminbi was devalued against the U.S. dollar, causing upheaval in the global markets. The composite index, which measures ... READ MORE >
The RSM Brexit Stress Index: Pound’s decline signals rising concern
The RSM Brexit Stress Index rose sharply in the week, signaling significant worry in the market following depreciation of the British pound that will result in higher costs for food, fuel and other consumer staples for U.K. residents. The composite index, which measures economic stress surrounding ... READ MORE >
The RSM Brexit Stress Index: Increased volatility and higher stress as pro-Brexit PM takes Britain’s helm
The RSM Brexit Stress Index moved higher this week on increased currency market volatility and sobering economic news from the U.K.’s trading partners as Boris Johnson, the pro-Brexit Conservative Party candidate, was elected prime minister. The composite index, which measures economic stress ... READ MORE >
The RSM Brexit Stress Index: Adding to the list of unintended consequences
The RSM Brexit Stress Index moved higher again this week, as the market processed conflicting central banking trends: global equities pushed higher on an expected U.S. rate cut by the Federal Reserve and a quick turnaround in the U.K. bond market as the slim probability of a base rate cut by the Bank of ... READ MORE >
Tug-of-(Trade)-War: RSM Brexit Stress Index eases for week
The RSM Brexit Stress Index eased this week, as global equity markets pushed higher on news of a rapprochement among the parties in the U.S.-China trade war and anticipation of an interest rate cut by the Federal Reserve. The composite index—which measures economic stress surrounding Britain’s ... READ MORE >
The RSM Brexit Stress Index: Lower highs and lower lows
The RSM Brexit Stress Index closed slightly higher this week, as political talk centers on whether Boris Johnson, the Conservative Party front runner favored to take over as U.K. Prime Minister, can make good on his promise of removing Britain from the European Union with or without a deal. The index ... READ MORE >
The RSM Brexit Stress Index–Assessing the political damage
The RSM Brexit Stress Index closed lower for the second week in a row, following the resignation of Prime Minster Theresa May last month and an uncertain political future for the U.K. The composite index—which measures economic uncertainty surrounding Britain’s departure from the European ... READ MORE >
RSM Brexit Stress Index eases amid May’s departure
The RSM Brexit Stress Index closed at 0.42 on Friday, moderating from 0.60 at the end of last week, as Prime Minister Theresa May officially exits her post at Tory leader. The composite index—which measures economic uncertainty surrounding Britain’s pending departure from the European Union—remains ... READ MORE >
RSM Brexit Stress Index rises amid political uncertainty
The RSM Brexit Stress Index moved higher again this week, closing at 0.60 from 0.53 last Friday, as the markets digest the resignation of Prime Minister Theresa May, effective June 7. While the index remains within a range of normality in terms of asset-price performance and volatility, it is nevertheless ... READ MORE >