Summary for the 10th of April 2019


Regarding Brexit, Friday will be the deadline for the UK where it must make a choice between three options: a hard Brexit (no deal), a long delay of Brexit or canceling of Brexit (revoking Article 50) altogether and stay in the EU.

The president of the EU council, Donald Tusk, has urged the EU leaders to give the UK up to a year to sort Brexit. Some of the EU leaders want to see more commitment from the UK that reflects its situation as a withdrawing member state, before they can approve one year extension.

Indices for 10th of April. The IMF’s downward adjusted global economic growth outlook and risks of trade conflict between the US and Europe have led to a negative close in the US and the Asian stock markets yesterday.

Dow: -0.7% (9th of April)
S&P 500: -0.6% (9th of April)
Nasdaq: -0.6% (9th of April)
Nikkei: -0.7% (10th of April)
Chinese indices: -0.4% (10th of April)
STOXX Europe 600 Index: +0.26% (10th of April)

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