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February 12, 2019

Outlook of the Brexit impact on the European hardwood trade

The 29th March, the date scheduled for the UK’s departure from the EU, is now fast approaching. But there is considerable uncertainty over the exact form Brexit will take on that date, or even if it will happen at all.  In early January, for example, JP Morgan concluded there was only a 45% probability of Brexit in March with a deal close to the one that has been negotiated between the EU and UK government. However, so far the negotiated agreement has fallen well short of a majority in UK parliament.  JP Morgan also suggested ...

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