10 December 2020 - Leaders agree to announce final decision by Sunday
"Boris Johnson and Ursula von der Leyen were unable to bridge the considerable gaps which remain between the two sides' positions over a post-Brexit trade deal following a meeting in Brussels last evening. Delivering the downbeat news, a spokesman for Johnson confirmed that talks between Barnier and Frost will resume later today. The only agreement that was reached is that a firm decision will be made by this Sunday. Nothing appears to have materially changed over the three major sticking points, and the chances that the transition period will end on December 31st with no trade deal in place have increased significantly. With both sides’ economies in tatters following the Coronavirus Pandemic it was hoped that there could be compromise over fishing rights, competition rules and how the future relationship will be governed. " Beyond Currency Market Commentary: Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.