UK fin min Hammond still spouting forth in Davos 25 Jan

  • it's a political reality
  • hopes Brexit economic separation will be very modest
  • off the shelf model like Norway and Canada is not right model for UK or the EU

Hammond seemingly pouring some cold water on recent reports that a Norway-like deal is a likely Brexit outcome.

GBPUSD 1.4269 and EURGBP 0.8700 as we wait on ECB