The court said the consent of the regional parliament was not required to trigger Article 50 — which kickstarts UK-EU divorce proceedings. A similar case has been taken to the High Court in London, with campaigners arguing the government does not have the authority to trigger Article 50 without the explicit support of parliament. The Northern Ireland High Court said its ruling related only to Northern Ireland law, and would not prejudice proceedings in the English case. "This is a different court case to the one taking place in the English High Courts of course, so it's not over yet folks," said Nomura currency strategist Jordan Rochester. "Politics this month has really taken precedence over the economic data ... sterling appears to be looking ahead into what still is a cloud of political uncertainty," said Rabobank strategist Jane Foley.

Source: The Edge Markets October 28, 2016 15:43 UTC