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By Ritu VOHORA, investment director in the MG equities team
Theresa May's decision to step down has further increased uncertainty over the process of the UK exiting the EU which is set for 31 October. There is likely to be significant uncertainty and volatility ahead making it difficult to forecast and come up with any rational financial analysis. It's more important to focus on the fundamentals and what is priced in.
Sterling weakness may benefit the UK large cap equity market
For investors, sterling continues to be the main channel to express their views around the Brexit outcome. The pound has lost most of its value against the euro and dollar over the past few weeks and remains under pressure....
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