British monetary market fluctuates

British Prime Minister Theresa May will deliver a speech at the World Economic Forum in Davos, Switzerland, about Britain's strategy to leave the EU, popularly called Brexit.

May's fresh hints that the UK is heading towards a hard Brexit have sent the pound sterling to its lowest level in two months and boosted the securities market.

Investors are apprehensive that Ms. May will announce that Britain is leaving the European single market and the Customs Union. Observers say Ms. May has the advantage of the support from US President-elect Donald Trump who called Brexit a great thing and said he expects a new trade deal with the UK.

Source: VOV5