EU officials said to be examining plans to delay Brexit until 2020. Previous planning had centered on a three-month delay to Brexit from 29th Mar until the end of June. EU plans to delay Brexit after Germany and France indicated their willingness to extend withdrawal negotiations because of Britain’s political turmoil.
U.S. authorities may soon indict Chinese technology giant Huawei Technologies Co. for allegedly stealing trade secrets from American partner companies like T-Mobile US Inc. The increasingly aggressive stance against the company comes amid growing concerns that Beijing could be using its products for spying, something Huawei executives have denied. Investors see the probe in the wider context of poor relations between the world’s two largest economies.
Other News: Fed's Quarles (hawk, voter): the real US economic data is 'very strong'; Dec job data was a 'very big number'.