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Category Archives: Brexit negotiations

Watch Live: May And Juncker Make Joint Statement, But “No Deal Today”

With the Irish border issue reportedly resolved, and the Brexit process suddenly progressing unexpectedly smoothly, Theresa May and Jean-Claude Juncker are set to make a joint statement momentarily, however for those expecting a formal announcement of a deal, don’t hold your breath because as a BBC correspondent just announced: NO DEAL TODAY FROM BREXIT TALKS: […]

Cable Crumbles After Government Denies Telegraph Report On Brexit Divorce Bill Agreement

Update: That did not last long. Shortly after The Telegraph report hit the wires, AP reports that Brexit talks between the UK and European Union are continuing as officials played down suggestions that a deal has been reached on the so-called divorce bill.  Reports suggested an agreement in principle has been reached which would see […]

Keep Calm & Carry On

Authored by 720Global's Michael Liebowitz via RealInvestmentAdvice.com, “Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor In 1939, the British Government, through the Ministry of Information, produced a […]

UK Will Compromise On Divorce Bill To Accelerate Brexit Negotiations

At last, it seems like the deadlock in Brexit negotiations is over and, not surprisingly, it was the UK which blinked first. According to Bloomberg, the U.K. signalled it is preparing to compromise in its stand-off with the European Union over the Brexit bill, with new talks scheduled next week in an effort to break […]

Did Money Talk: Europe’s “Real Boss” Now Expects Progress On Brexit By December

?The “British press” is wrong (although it wasn’t just the British press): Brexit negotiations are going well and the divorce settlement should be finalised by December. Really? This is what the EU’s "real" boss had to say on the state of Brexit negotiations following the first day of the EU summit. “My position wasn’t changed […]

Cable Plummets On Report Brexit Talks Headed For “Catastrophic Breakdown” If No EU Compromise

Having traded near sessions highs most of the morning session, sterling suddenly tumbled (even if Gilts refused to move) following a Bloomberg report that the UK is said to see Brexit breakdown if the EU refuses to compromise. In immediate kneejerk reaction, GBPUSD plunged 50 pips, to session lows on fears that Theresa May’s visit […]

Theresa May Heads To Brussels For Surprise Brexit Dinner: “We’ve Almost Run Out Of Things To Talk About”

After her disastrous speech at the Conservative party conference, Theresa May is in desperate need of some good news as she puts her reputation on the line by unexpectedly heading to Brussels and personally intervening in the stalled Brexit talks. News of the meeting came as a surprise to some in Westminster, although 10 Downing […]

Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!

European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally – and this time clearly […]

Nigel Farage: “This Is The Clearest Proof Yet That The Great Brexit Betrayal Is Under Way”

Authored by Nigel Farage, originally published in the Telegraph Theresa May is now the EU's Stepford Wife: subservient and submissive to their every whim So there we have it. Theresa May does not believe in Brexit. In an interview with Iain Dale on LBC, she completely collapsed, proving incapable of answering the question of how would […]

Cable Drops Back Below 1.35 After Carney Walks Back Rate-Hike Comments

Having sent cable 4 big figures higher after his hawkish comments last week, BoE Governor Carney is out desperate to reassure markets he won’t break anything by explaining that any rate hikes will be “limited and gradual.” Cable has started to leak lower on the headlines… “There remain considerable risks to the U.K. outlook,” he […]