“While it’s looking unlikely that May will be able to bring about “Meaningful Vote 2.0″ quite so quickly, Parliament should get an important say next week, either on a revised deal or on amendments that could delay Article 50,” TD Securities analysts said previewing next week’s significant events from Europe.
Key quotes
“Both outcomes should lower the odds of a no-deal Brexit; the worst-case outcome is nothing passes at all, which can’t be completely discounted either.”
“We expect German CPI to hold at 1.7% reflecting a recovery in energy prices. Risks however are generally viewed to the downside as the previous bounce in core inflation (1.7% vs 1.2%) was largely on account of base effects and jumps in auto and recreation components. Our forecast therefore assumes a moderation in core CPI, and further downside can’t be ruled out.”
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