UK PM May's spokesman speaking to reporters 30 Jan

  • May told cabinet the leaked analysis in media was initial work and not approved by ministers
  • leaked document is part of a range of analysis Brexit negotiations
  • analysis did not cover an bespoke trade arrangements post-Brexit with EU

Maybe that's because none have been made yet huh?

The comments follow leaks by Brexit minster Davis' dept of the potential cost of Brexit to UK economic growth.

Junior Brexit minister Baker adds:

  • leaked Brexit papers require more work
  • we will present the analysis once deal is don

I repeat, what a circus.

Meanwhile GBPUSD back down to 1.4116 from 1.4137 highs with GBPJPY 153.40 from 153.56 highs. and USDJPY up to 108.68 after holding 108.50.

I did warn in an earlier post that the pairs looked underpinned before the latest rallies so I can't be accused of being myopic eh?