Daily Briefing: - UK PM hopeful Boris Johnson says chances of no-deal Brexit are 'a million-to-one' - Czech government led by PM Andrej Babis survives no-confidence vote - Inflation data from individual German states trail nationwide figure
with two colourful soundbites in two days giving strongly divergent takes on the chances of a no-deal Brexit.
Such seeming contradictions are a rhetorical device that Donald Trump has already used to good effect in the United States, making it hard for opponents to target him and exploiting the fact that many voters don’t appear to be worried by them.prepare for a new hustings in the southern town of Bournemouth tonight.
On the macro front, today sees the usual raft of inflation data from individual German states trailing the nationwide figure, which is forecast to fall to just 0.1 percent month-on-month in June from 0.2 percent the month before. The yearly CPI figure is seen holding at 1.4 percent. Before that, the euro zone business morale index for June is seen registering a fall.World markets have turned squarely to the G20 summit and media reports of some truce in the U.S.
While that may seem underwhelming compared with the groundbreaking deal expected only six weeks ago, it helped ease fears of a fractious standoff. Even though the S&P500on Wednesday, futures are up 0.3% first thing. European stock futures are up by a similar amount.
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