Summary for the 12th of April 2019


Even though the UK has gotten an extension on the Brexit deadline, the discussion between the Conservative party and the Labour party continues. Theresa May has signaled that there is a possibility of compromise between the two parties. One of the conditions for the EU to accept the extension is that the UK participates in the EU-election on the 23rd of May.

Even though the trade talk between the US and China is moving toward the end, there will most likely be more trade conflicts up ahead. Earlier this week, Donald Trump threatens to implement tariffs on EU imports in response to Airbus subsidies. The member countries of the EU have approved a trade negotiation with the US, even though France has refused to approve the negotiation, due to the US isn’t  a part of the Paris Agreement.

The US and Japan will be meeting for trade negotiation next week in Washington, the US will probably try to reduce the trade deficit with Japan. Free access to the Japanese market for the US manufacturing and agriculture sectors will be on the trade agenda, also for the automobiles sector.

Indices for 12th of April.  The financial market is turning its interest on the upcoming earnings reports season.

Dow: -0.1% (11th  of April)
S&P 500: Unchanged (11th of April)
Nasdaq: -0.2% (11th  of April)
Nikkei: +0.7% (12th of April)
Chinese indices: -0.8% (12th of April)
STOXX Europe 600 Index: +0.16% (12th of April)

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