Ireland prime minister Leo Varadkar on the wires 8 Dec 2017

  • We have reached a satisfactory conclusion in talks
  • Irish border agreement is politically "bullet proof", provides cast iron guarantees
  • Very happy to welcome additional language in border agreement
  • Does not want border in Irish Sea
  • It is a matter for the UK to decide if they want a hard or soft Brexit
  • The fact that we're talking in terms of regulatory alignment is helpful for UK/EU trade deal
  • Transition period of 2 years is decent, would be happy if it was longer
  • Transition period must be linked to how long trade agreements take to be negotiated and ratified

Meanwhile, British minister Michael Gove is also commenting:

  • Transition period will be used to iron out details of future relationship
  • Seems clear that we will have a 2-year transition deal
  • Trade over Irish border will be protected in context of whole UK trade deal with EU
  • Brexit bill will be less than what the press is speculating
  • Parliament to support UK PM May in upcoming votes on Brexit

Just more jibber-jabber post-May/Juncker this morning. GBP/USD currently at 1.3505, a slight retreat. Meanwhile, EUR/GBP holding firmly below 0.8700 now at 0.8695.

Woops, look like Mike also had those Gove comments earlier here. But yeah, as mentioned, just more post-Brexit deal talks. Nothing too impactful as more politicians make the rounds with their comments.