EU Brexit negotiator out with a press conference 20 July
- next Brexit talks must clarify reasons for disagreement over citizens rights
- EU insists on role of European court
- not yet at the stage of compromises
- 3rd round of talks will be about clarification
- need to identify which UK obligations to be settled
The clock's ticking and they can't even get that far in 2 rounds of talks? Ouch.
Not helping the pound's fortunes as we see further moves to 1.2933 and 0.8895
Now it's the UK's Davis' turn:
- encouraged by progress in Brexit talks so far
What cloud is he sitting on exactly?
- must sort out obligations owed on Brexit bill
- solution will requite flexibility
- doesn't recognize the term "net flow" re payments to/from EU
- talks this week were robust
- UK will not accept punishment deal but is not expecting one
- the clock is ticking
No, really? That's ironic from the govt who has been well behind the clock from the off.
Sometimes I wish we'd never voted out. Would certainly have left my typing fingers in better shape. And I reckon the pound would still have come down, just a bit more slowly.
Currently still trawling session lows at 1.2940 and 0.8892
Barnier and Davis in Brexit talks. Be afraid, be very afraid.
