Brexit amongst market movers today – Danske Bank

Danske Bank analysts suggest that we have another important week on Brexit coming up with the EU Summit on Wednesday, ahead of the Brexit deadline on Friday.

Key Quotes

“Today, the only scheduled data release of interest is the Euro Sentix survey for April. It increased for the first time in six months in March.”

“Focus this week will also be on the ECB meeting on Wednesday, US inflation, Chinese exports and US-China trade talks.”

“We are unlikely to get new signals from the ECB at the meeting on Wednesday - global indicators have improved but European indicators have not.”

“The US-China trade talks continue this week Xinhua reports, with Trump's economic advisor Kudlow saying the sides are moving "closer and closer" to a deal. While progress is being made, Trump said Thursday that it would probably take another four weeks to close the deal.”