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U.K. and European Officials Working on a New Legal Text

19 February 2019 Maria Gregoriou


After seven Labour MPs quit the party, May's own party tried to persuade her to take the threat of a no-deal divorce off the table, and the announcement that Honda's Swindon plant is expected to close down yesterday, things are not looking so good on the Brexit front.

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Market focus

  • German IFO business climate index drops in May
  • Eurozone: Flash PMI signals subdued business growth amid stagnant demand
  • German private sector maintains modest pace of output growth in May - IHS Markit
  • Germany's GDP increased by 0.4% in the first quarter of 2019, as expected

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