Rational Thinking – May Optimistic Over Irish Backstop

This week:

MP’s voted on Theresa May’s Brexit Plan B
EU not willing to re-open withdrawal agreement


U.S. interest rates remain unchanged
Central bank dovish on future interest rate hikes


Italy slips into recession

Week ahead:

GBP: May to return to Brussels to seek concessions on the backstop
BoE expected to keep interest rates the same