WHAT RESULT WILL MEAN FOR MARKETS
If Yes
Good news for the pound. It could rise against the dollar by as much as 6 per cent to $1.35, according to Mizuho Bank.
Shares should be boosted by a relief rally. Experts say that investors have held back from buying UK shares for fear of a no-deal Brexit.
Biggest winners likely to be banks, housebuilders and utility companies, which have been hindered by uncertainty.
If No
A ‘No’ result may, to some degree, be priced into shares and currencies – but there’s still potential for panic.
If fewer than 25 MPs reject the deal sterling could rise a little, according to Barclays. More than 75 and it could fall heavily.
Domestic stocks are likely to suffer as no-deal and an Election loom. But FTSE firms with major oversees operations could benefit from a fall in the pound.