Monthly Archives: August 2018

UK Brexit Sec. Raab: Will be prepared for ‘all eventualities’

By | August 21, 2018

Dominic Raab, British Secretary of State, and Michel Barnier, European Commission Chief Negotiator for Article 50 Negotiations with the UK, responded to questions from the press in a joint briefing. Barnier: EU must be prepared for all Brexit scenarios, but not working toward ‘no-deal’ Brexit. Barnier: Brexit deal needed ‘not much later’ than November. Raab: Will be prepared… Read More »

EU’s Barnier: Negotiations are entering the ‘final stage’

By | August 21, 2018

Below are the key quotes, via Reuters, from the opening remarks by Michel Barnier, European Commission Chief Negotiator for Article 50 Negotiations with the UK.  Negotiations are entering the ‘final stage’. After July talks, we’re far more advanced in defining common ground for security cooperation than trade. EU single market must be respected in economic… Read More »

Expect more voter volatility ahead of Brazil’s presidential election – ING

By | August 21, 2018

“Latest opinion polls suggest Brazilian voter intentions have been remarkably steady in recent months. That could change given the high level of undecided voters, the start of TV ad campaigns and a court decision regarding the candidacy of the jailed former president Lula,” argue ING analysts. Key quotes “The biggest change in local market sentiment… Read More »

US Manufacturing employment in the crosshairs  – SCB

By | August 21, 2018

Analysts at Standard Chartered Bank explained that US manufacturing activity accelerated in H2-2016, and manufacturing employment grew by 2.6% y/y in July 2018, the fastest y/y growth pace since 1985. Key Quotes:  “The reasons for the rebound could be political or tied to the domestic or global business cycle; either way, a spurt relatively late in the… Read More »