Rational Thinking – Cross-party Brexit talks have stalled

Last week:GBP

  • Cross-party Brexit talks have stalled
  • MP’s will vote on widthdrawal deal on week starting 3rd June
  • Theresa May laid out her departure plans

EUR

  • Italian economy remains under pressure
  • Salvini pledges to break EU fiscal rules
  • Potential election to take place in September

USD

  • President Trump delays import tariffs on EU autos
  • US administration already at headwinds with China and Iran

This week:GBP

  • Speculation grows around Theresa May’s future
  • Likelihood of a general election has increased

EUR

  • European electoins to take place this week
  • Eurosceptic parties expected to dominate