Analysts at Rabobank explained that the UK has had sizeable success in attracting overseas investment in recent years resulting in the UK being a top destination for inward investment.
Key Quotes:
“According to fDi Markets, among advanced economies the UK is the number two destination for investment coming from Emerging markets after the US.”
“However, fDi also cite that 56% of the investment projects it recorded since 2003 stated Europe as being the end-market for their investment.”
The implication is that uncertainty about the UK’s trade relationships with the EU on any Brexit could thus pressure investment flow and lower demand for the pound.”
(Market News Provided by FXstreet)