Brexit on temporary hold

Theresa May agreed with the EU to extend the Brexit deadline to October 31st, and hence to participate in the European Elections in May.

This week, we expect economic data to finally receive some attention now that the Brexit issue is temporarily postponed. Tuesday's labor report and Wednesday's inflation data will give us some key, albeit lagged insight into how well the UK economy is navigating the uncertainty around Brexit.

GBP/PLN (08/04/19 - 15/04/19)

Source: Bloomberg Date: 15/04/19

Author: Enrique Diaz-Alvarez, Chief Risk Officer at Ebury

Keywords Ebury