Summary for the 19th of March 2019


The UK’s House of Commons Speaker, John Bercow is ruling out a third voting on Theresa May’s Brexit deal unless there are substantial changes to the deal. Theresa May’s Brexit deal has been voted down twice already. May has hoped that the risk of postponing Brexit would make the Brexit supporters in her political party to vote for her Brexit deal. She also hopes it would be approved during this week before the European Parliament Committee Meetings in Brussel on Thursday. With an approved deal, she would then be able to ask for a postpone of Brexit to the 30th of June.

The EU is going to demand a longer postponing of Brexit than the 30th June if the Brexit deal doesn’t get approved at the British parliament soon. The EU can also accept changes of Brexit deal demanded by the British parliament, but this scenario is a less likely scenario.

NAHB housing index in the US released yesterday shows a decline in the sentiment in the housing market. The index has been falling sharply through 2018, and is picking up the value since December, showing that the sentiment in the housing market isn’t as bad as was thought in 2018.

Indices for 19th of March:
Dow: +0.3% (18th of March)
S&P 500: +0.4% (18th of March)
Nasdaq: +0.3% (18th of March)
Nikkei: -0.1%  (19th of March)
Chinese indices: -0.4% (19th of March)
STOXX Europe 600 Index: +0.57% (19th of March)

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