Analytics on 26 March 2019: All market

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26.03.2019
The German market research institute, GfK, revealed that the consumer climate in Germany for March 2019 was “somewhat more balanced than in the previous month.” Even though this is the case, the study showed that income expectations and tendency to buy have seen a drop. The figure predicted by GfK for April has now been re-evaluated, and show a consumer climate value of 10.4, compared to the previous forecast in March of 10.7 points. As a result, the indicator’s positive start to 2019 has taken its first setback. The tendency to buy has seen a decrease of 3.
26.03.2019
Last night the U.K. Parliament voted to take control of the Brexit process as a means to find a way out of the current deadlock the country finds itself in after Theresa May’s Brexit deal was rejected by parliament twice. A series of votes on alternative strategies are now to be scheduled. These votes could circle around the options of a potential second referendum and the chance to give the British people the opportunity to decide, once more, if they should leave or stay within the European Union, the option for the U.K.
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