Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

German foreign minister says EU open to talks it Brexit deal rejected

Brussels is willing to renew talks with the UK if MPs vote down Theresa May’s Brexit deal, Germany’s foreign minister told reporters on Tuesday ahead of a crucial vote in parliament.

German Foreign Minister Heiko Maas Source: Bloomberg

Talking to reporters at the European Parliament on Tuesday, German Foreign Minister Heiko Maas said that Brussels is open to renewing talks with the UK if MPs reject UK prime minister Theresa May’s Brexit deal in parliament on Tuesday evening.

However, he stressed that EU officials are unlikely to agree to major concessions or accept significant changes to the deal currently on the table.

‘The agreement stands, as it is,’ he said. ‘I doubt very much that the agreement can be fundamentally reopened. If there were a better solution, it would already have been put forward.’

Germany hopes British MPs accepts Brexit deal

The German foreign minister also said that he hopes British MPs will vote for May’s Brexit deal on Tuesday evening, believing that it is the best option for the UK to leave the EU and ensure minimal damage is sustained to its economy.

But reiterated that ‘if it goes wrong tonight, there could be further talks’.

His sentiments offer May a second chance in the increasingly likely event that her deal is shot down, with the UK prime minister looking to return to Brussels in the hope of secruing further concessions from the EU to get her withdrawal agreement over the line.

German recession fears grow

Germany has remained a strong ally to Britain during throughout the Brexit process, with its Chancellor Angela Merkel eager to support a smooth exit to ensure minimal impact to the UK and eurozone economies at a time when both shows signs of slowing.

German industrial output has fallen 1.9% in November for the third consecutive month, according to data released by the Federal Statistics Office on Tuesday.

The news adds weight to the argument that Europe’s second largest economy could slip into a recession as trade tensions between the US and China, Brexit and a global economy in decline begin to take its toll.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Trading around Brexit

Find out how Britain’s EU exit continues to affect traders, and discover:

  • How you can trade on Brexit
  • The markets you should be watching
  • Brexit trading strategies for key assets

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities
website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

" >


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.