Headlines discussed at LNWM’s Monday morning briefing:
— The March 25 deadline for Brexit is likely to be reset; British Parliament to vote on request for extension.
— European stocks closed at a 5-month high, on optimism about US-China trade and prospect of orderly Brexit.
— China passed a new foreign investment law to appease US demands in trade talks; few specifics on what it entails.
— US manufacturing output fell in Feb. (-0.4%) after a similar drop in Jan.; concern that US economy could be losing steam.
— US emergency funding for Mexico border wall will continue, as President Trump vetoed Congress’ no-emergency declaration.
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