Biggest loss in the History of UK

On Wednesday Asia Pacific markets were mixed. Traders filtered in the new uncertainties regarding the U.K.'s departure from the European Union. Australia's benchmark index ASX 200 scored about 20 points, while the subindex gained more than 0.5%. The Topix index slid about 4.9 points, Japan's Nikkei 225 dropped 112.52 points while in South Korea, the Kospi climbed 8.9 points. In Greater China markets were also mixed, with the Shanghai composite essentially at the same levels, while the Shenzhen composite and Shenzhen component index closed little lower. Hong Kong's Hang Seng Index rising about 0.12%.

Early today the GBP, after an explosive late session was seen more or less at the same levels. The devastating defeat of the Prime Minister’s Separation deal created rare volatility for the popular GBPUSD.

Yesterday the Parliament voted 432-202 versus PM's deal. That was the worst political failure for an administration in the modern history of Britain.

GBP fell more than 1% versus the greenback yesterday but retraced back following the vote. The pound lifted at $1.2860 after spinning between a low of $1.2660 and a top of $1.2910.