BOE FPC member Stheeman on potential Brexit risks

The Bank of England’s (BOE) Financial Policy Committee (FPC) member Elisabeth Stheeman was reported by Livesquawk last minutes, as saying that the potential risks from Brexit and asset valuations will both need to be the major areas of focus for FPC in 2018.

Additional Headlines:

Important to create certainty over Brexit or firms may have to pull the trigger early on moving operations.

Meanwhile, GBP/USD faced rejection at the 1.4000 mark and drifted lower towards 1.3960 levels, still up +0.08% on the day.