DAVY VIEW

Yesterday (May 14th), Theresa May announced plans for a vote on the UK Withdrawal Agreement Bill in early June, despite the fact that Opposition Party talks have yet to yield significant progress. Hope for the bill’s approval appears to hinge on a strategy that a Parliament stung by voter anger in European elections may be spurred into action. Elsewhere, data from China overnight flagged a slowing economy amidst ongoing trade tensions. At home, residential property prices are today’s focus, with recent updates highlighting an easing in inflationary pressures.