United Kingdom set to publish Brexit plan that sparked rebellion

Asian markets are on the rise but there are still concerns that the China-US trade row could intensify with Donald Trump threatening further tariffs

Can the turmoil keep sterling down?

A total of 41 percent said Britain was right to have voted to leave the European Union while 46 percent said it was wrong and 12 percent did not know.

Writing in the Daily Telegraph she said Mrs May's plan was "catastrophically bad" and a "disaster for the Conservative Party".

However the Daily Mail reported that Mr Rees-Mogg said Mr Johnson would make a "brilliant" prime minister.

There is precious little time for May, new Brexit Secretary Dominic Raab, and Oliver Robbins (prime minister's chief adviser on Europe and the real Brexit secretary according to many) to put together a set of proposals to Europe before the EU Summit in October.

Mrs May is due to publish the Chequers agreement in a white paper today, and she insisted she was on track despite Mr Johnson and Brexit secretary David Davis quitting the cabinet.

"If the tails risks of a snap election or hard Brexit are averted, we see room for GBP to chew into its heavy risk premium, which favours buying into dips near 1.32", says Mark McCormick, North American head of FX strategy at TD Securities.

If none of those paths look like ones that MPs want to walk themselves - let alone lead the country down - then they have one path left: try to convince the country either to reverse Brexit or take a second referendum. "That dream is dying, suffocated by needless self-doubt".

"I've listened to every possible idea and every possible version of Brexit".

On Thursday, Trump will travel to Blenheim Palace, the 18th-century stately home where Britain's World War Two leader Winston Churchill was born and spent most of his childhood.

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Jacob Rees-Mogg, the leading voice for the backbench Tory Brexiteers, is leading a rebellion against Theresa May in a bid to thwart her Brexit proposals, by tabling four amendments to the Trade Bill to be debated on Monday.

The electorate is totally confused because May has deviated from the message of the 2017 referendum with her soft Brexit landing that she expects to use to placate Michael Barnier, the chief European Union negotiator.

Yet May's plan, despite the ructions in Westminster, might be the best hope for avoiding the chaos of such an exit.

The major issues for Britons were concerns about immigration, sovereignty and the sums paid to the EU.

Other amendments would force Britain to have a separate Value-Added Tax regime from the EU and ensure the Prime Minister has to table primary legislation if she wishes to keep Britain in the customs union.

The long-awaited document proposes keeping Britain and the bloc in a free market for goods, with a looser relationship for services.

"The people voted to break it up, so I imagine that's what they'll do".

The Pound New Zealand Dollar (GBP/NZD) exchange rate painted a similar picture to GBP/AUD yesterday, with fears of a potential trade war between the United States and China clipping market risk appetite.

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