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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SCOTLAND
Supreme Court President Robert Reed reads out judgement stating that the Scottish Parliament is does not have the powers to legislate for a 'consultative' referendum on independence.
- This was seen as the most likely outcome ahead of the ruling.
- The ruling is not a huge blow to the pro-independence Scottish National Party (SNP), given that expectations were low ahead of the decision. It is likely to see the SNP, which leads the Scottish gov't, escalate its campaign arguing that the UK gov't is denying democracy by not allowing a second independence referendum.
- Ruling states that the 'practical implications' of a referendum has more than a 'loose' consequence in regards to 'reserved matters'.
Chart 1. Scottish Independence Opinion Polling, No/Yes To Independence, %
Source: New Statesman, @britainelects
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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