UK: Focus on politics – Danske Bank

Analysts at Danske Bank point out that tonight at 20.00 CET, in the UK, the House of Commons will vote on Prime Minister Theresa May's Brexit Plan B (and amendments).

Key Quotes

“The vote is not legally binding but it is set to shed light on what the House of Commons wants. While there are many suggested amendments, it is up to the speaker to decide which ones the Commons will get a vote on. At the moment, the two most important are the Cooper and Brady amendments.”

“In the US, consumer confidence from the Conference Board is due out in the afternoon. Although still at a high level, it has dropped over the past two months - possibly due to the government shutdown.”

“Otherwise, markets will be looking ahead to the start of the high level trade talks in Washington tomorrow between the US and China.”