Oil and UK politics amongst market movers today – Danske Bank

There are not many data releases in the calendar today and markets are likely to focus their attention on oil markets and UK politics.

Key Quotes

“Focus will most likely be on the developments in the oil markets where prices have fallen back significantly over the past month. The sharp falls are weighing on global risk sentiment and therefore have been setting off significant movements in financial markets in the past days.”

“In the UK, focus remains on the political situation with the Queen s Speech (which outlines the government's legislative agenda for the coming parliamentary session) taking place today (despite Theresa May not having agreed on a deal with the Democratic Unionist Party (DUP) yet).”