What's new in the markets on March 26

At the parliamentary vote in the UK, it was decided that Teresa May would be removed from the Brexit

Economic News
Mar 26, 2019

At the parliamentary vote in the UK, it was decided that Theresa May would be ignored in the Brexit process, since her proposal was never supported and now parliamentarians can demand a plan B to leave the bloc, based on the holding of a new referendum or measures for a softer Brexit. Against the background of these events, the British pound is trying to strengthen. Xi Jinping arrived on a working visit to the EU. A warm welcome awaited him in France, because after the Boeing setbacks, China became interested in Airbus and a contract was signed for the purchase of 300 aircrafts worth $35 billion. Yesterday Apple presented a variety of new services, both payment services and entertainment. However, against the background of the expansion of services from other tech giants, this news did not play into the company's shares and they sank 1.2%. Oil prices continue to be in the corridor, so there are a number of constraints. On the one hand, spurring oil prices are the continuing US sanctions on oil supplies from Venezuela. On the other hand, a possible recession in the United States is holding back growth. Therefore, we expect the publication of crude oil reserves in the US today, which may leave the current corridor quotes.

Marten Claes

Economic News

Market Overview

Improving market sentiments in Europe are constrasted by worsening ones in the US.

Anna Sneider
Mar 25, 2019

Economic News

What's new in the markets of March 25

This week, the euro and the pound will be under pressure from Brexit

Marten Claes
Mar 25, 2019

Economic News

Brexit Officially Postponed

The EU officially agreed to give May's cabinet two more weeks to make a decision on Brexit.

Anna Sneider
Mar 22, 2019