The EU leaders agreed late last night that the extension to the Brexit deal is until end of October, the 31st October. And signalled that more extension could follow if needed.

According to EU Council President Donald Tusk this also gives the UK the possibility to cancel the Brexit altogether. The UK Prime Minister Theresa May said that the country is leaving the EU as soon as possible to avoid the May EU elections on 23-26 May. The UK Goverment was the Labour party are exptected to continue their discussions today in London.

The Asian stock markets were mixed and the Hang Seng in Hong Kong was down 0,58 % to 29944 point and the Nikkei was down 0,28 % to 21 627 points. Singapore with STI Straits index was up 0,37 % to 3339 points and the Kosdaq-index was up 0,82 % to 766 points.

The UK Sterling was trading up slightly 0,05 % to 1,3098 dollars and the euro also 0,01 % to 1,127 dollars.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s