- U. K. Granted a Six – Month Extension to Brexit -At a European Union summit last week, U.K. Prime Minister Theresa May and EU leaders reached an agreement to delay the Brexit deadline through the end of October.
- ECB Leaves Policy Unchanged, Fed Minutes Released – In its meeting last Wednesday, the European Central Bank left policy unchanged and confirmed that it will likely be on hold for the remainder of 2019.
- U.S. Inflation Data Largely I”n – Line With Expectations –U.S. Consumer Price Index data was generally consistent with economist expectations with the headline figure slightly ahead of consensus and the core figure slightly below consensus.
- Bank of America, Johnson & Johnson, Union Pacific to Report Earnings –This week marks the first full week of first quarter earnings season, with about 50 S&P 500 Index companies expected to report.
- Modest Rebound Expected in Europe Manufacturing Data –This Thursday, flash Purchasing Managers’ Index data will be released across the U.S., Europe and Germany.
- Global Inflation Expected to Remain Contained -Inflation data will be released this week in a number of regions outside the U.S. including the U.K. (Wednesday), Europe (Wednesday) and Japan (Thursday).
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