Forecasts & opinions
The UK government will meet with the Labour party today to define how Brexit will progress. According to Foreign Secretary Jeremy Hunt, the talks may bring about compromise even though he does not personally favour a long-term customs union This could mean that the compromise would be to put a customs union in place short-term.
These compromises may be essential, otherwise, a general election or a second referendum becomes more of a probability.
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- UK must be clear what a no-deal Brexit would mean - Bank of England Governor Carney
- German output growth remains moderate in June - IHS Markit
- Eurozone composite PMI hits seven-month in June - IHS Markit