Content ID: PR_WCS01_UCM01115470
Novo pedido de extensão do Brexit enviado para Bruxelas
- In the last session of the week, investors traded cautiously as they awaited for what was expected to be a key vote in the U.K. on Saturday. In this context, stocks edged down across the board, yields on sovereign bonds rose in the euro area and declined in the U.S. In FX markets, the GBP strengthened and the euro appreciated against the U.S. dollar.
- On Saturday, Boris Johnson could not obtain a majority in the U.K. parliament to pass a Brexit deal. Instead, MPs forced the Prime Minister to ask for an extension of the Article 50 which has already been sent to Brussels.
- In China, GDP growth in Q3 ticked down to 6.0% yoy (6.2% in the previous quarter). This figure was hit by the uncertainty on trade tensions and it is the lowest in almost 30 years.
- This week the focus will be on October composite flash PMI figures in the euro area and on the ECB monetary policy decision (both on Thursday).