Uncertainty around Brexit – and the possibility of a General Election – continues, with the markets watching for any hint of how long any requested extension from the EU would be. Media reports expect the decision to be made on Friday, if consensus is found between all 27 countries.
Nonetheless, the euro did end the day down against the pound, after poor consumer confidence figures showed a increasing lack of confidence in the eurozone economy. Today, we will see Mario Draghi’s final ECB meeting as President, before he stands down at the end of the month.
The markets will be watching Vice-President Pence’s speech on US-China relations for any hints of future movement on trade negotiations. We will also see a raft of important economic releases, including manufacturing and services PMI and new home sales.
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