The British Prime Minister Theresa May has been on tour in order to engage with the Brexit-deal. Today she has been in the Northern Ireland and Wales as part of her campaign. Her message is the same as was released on Sunday in the EU leaders meeting in Brussels.
The main argument still is that this is part of the national interest and the second point is that this is the only Brexit deal, there is not going to be a better one.
The voting day has been confirmed and it is the 11th of December, that is on Tuesday. So, there is excatly 14 days before the vote in Westminister in London. The Bank of England and Goverment are going to publish their analysis of the economic impact of the Brexit-deal. According to Reuters, this information should be ready tomorrow, on Wednesday this week.
The financial markets were mixed today. For example the German Dax-index ended down 0,40 percent to 11309,11 points and in Paris the stocks were down 0,24 percent- the CAC 40 -index ended at 4983,15 points. In London the FTSE 100 -index ended down 0,27 percent and was 7016,85 points.
In Wall Street the stocks were also mixed – Dow Jones -index was up 0,18 percent at 24685,55 points and S&P 500 -index was up 0,09 percent to 2675,87 points. Nasdaq-index had declined by 0,22 percent and was 7066,08 points.
This week will be important G20 meeting in Argentina and according to Financial Times the US- China tradetalks have not performed as good as expected so far. The question of the US- UK tradetalks in post Brexit-time is also one of the topics.
One of the big news today was the General Motors layoffs in the US. The car company announced its plans to cut production at several sites and to lay off more than 14.000 workers. The stock of GM (GM) was down 3,55 percent to 36,32 dollars. President Donald Trump tweeted that he will consider cutting all GM subsidies because of the plans. “including the electric cars”, he tweeted according to CNBC.
The euro was down by 0,30 percent to 1,129 US-dollars and the sterling was down by 0,76 percent to 1,2730 US-dollars.