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2019/10/04 / Erste Group Research

Week ahead | Risk of hard Brexit, US labor market report

Even as the British government issued new proposals, a hard Brexit remains the most likely scenario, in our view. The markets seem to expect a deadline extension, i.e. a further "muddling through". We believe that the risks for a hard Brexit are clearly underestimated.

The US labour market report for September showed no clear trend. For the markets, the data could mean an easing, after the negative economic data in the course of this week.


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General information

AuthorErste Group Research
Date2019/10/04
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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