UK Brexit minister repeating himself. Again. 26 Jan
- transition to provide time to build infrastructure
- immediate goal is reaching agreement on implementation period
- confident can reach political agreement at March EU meeting
- in no one's interest to see business delay investment, rush through contingency plans
- Article 50 extension wouldn't solve legal problems of ratifying withdrawal
- EU and UK need to have strict time limit for implementation period
- need to agree on need for continued access to each others markets on current terms
- must discuss how EU regulators can provide clarity during transition period
Zzzzzzzzzzzzzzzzzzzzz
GBPUSD a tad higher at 1.4224 on general USD supply again. EURGBP 0.8748 tightly bound still.
Once again time for two pics I think.
