The UK Prime Minister Theresa May will meet the European Commission president Jean-Claude Juncker on Wednesday in Brussels to have the final discussions regarding the Irish border-issue, backstop.
UK Cabinet´s plan is to get the revised Brexit-deal to the Parliament next week before the possible second vote on the 27th Feb. According to sources one option is to use technology in order to solve the border-issue as a longer-term issue.
In London the stocks declined 0,56 % to 7197 points by the FTSE 100 -index. In Germany the Dax-index gained 0,09 % to 11309 points and in France the CAC 40 -index declined slightly 0,16 % to 5160 points.
In Wall Street Tuesday was the week´s first trading day after the President´s Day on Monday and Dow Jones increased 0,03 % to 25 891 points. The S&P 500 -index gained 0,15 % to 2779 points and Nasdaq 0,19 % to 7488 points.
The financial markets were waiting for more news related to US-China trade talks and regarding the March deadline for new tariffs. During this week is also more information expected from the Federal Reserve´s and European Central Bank´s meeting memos. On the other hand, the worsening of the economic growth outlook in China and some EU countries might impact that the central banks are forced to revised their monetary policies during the first half of this year.
Euro was trading at 1,138 dollars, down by 0,03 % and UK Sterling was down also by 0,02 % and was 1,306 dollars. Brent Crude was up 0,03 % to 66,52 dollars per barrel.