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Amsterdam is the new London as far as global markets are concerned. Now that England has voted itself out of Europe, trade has screeched to a halt. The Netherlands have happily taken that business, trading 9.2 billion euros per day in January, compared to London’s 8.6 billion euros.
The European Union’s headquarters in Brussels have long signaled that it did not want European trading to stay centered in London after Brexit. Switzerland can still trade with London, because, you know, neutrality and all. But the rest of Europe is making due just fine and England sure is missing that business.
