- Prime Minister Theresa May is to meet with Labour leader Jeremy Corbyn in an attempt to put together a deal that will have the backing of the House of Commons.
- If they fail to agree on a single unified approach then multiple options will be agreed on and voted on by the House of Commons.
- Conservative Brexiteer Boris Johnson accused Mrs May of “entrusting the final handling of Brexit to Labour” and Jacob Rees-Mogg described her actions as “deeply unsatisfactory”
- Mr Corbyn said he was very happy to meet the Prime Minister and recognised his responsibility to try to break the deadlock.
- Mrs May also said a short extension beyond 12 April will be needed and requested by the UK.
- GBP/EUR opened at 1.1649, traded a high of 1.1736, a low of 1.1618 and closed at 1.1718 representing a 0.57% increase on the day.
- GBP/USD opened at 1.3101, traded a high of 1.3149, a low of 1.3013 and closed at 1.3133 representing a 0.25% increase.
- Core durable goods orders m/m from the US came in at 0.1% vs 0.3% and durable goods orders m/m came in at -1.6% vs -1.1% expected.
- Australian retail sales m/m came in better than expected at 0.8% vs 0.3%.
- Australian trade balance came in at 4.80B vs 3.71B.
- From China, Caixin services PMI came in at 54.4 vs 52.3.
- At 9.30am we expect services PMI from the UK.
- At 1.15pm we will see ASP non-farm employment change from the US with ISM non-manufacturing PMI
|Currency Pair||Interbank Rate||% Change on Day|
|Time (GMT)||Region||Data Release||Forecast||Previous|
|13:15||USD||ADP Non-farm employment change||184K||183K|
|15:00||USD||ISM non-manufacturing PMI||58.1||59.7|