8 December 2020 - No basis for agreement… yet
"The respective Brexit negotiating teams led by Lord Frost and Michel Barnier appear to have exhausted every avenue available to them to find a solution to the remaining issues that face the conclusion of a trade deal and the future relationship. The outstanding issues remain unchanged: Fishing rights, the creation of a level playing field, and how disputes will be dealt with as the UK departs the European court system. It was rumoured yesterday that the British delegation had agreed to soften the terms of the internal markets bill which will come into force if no deal is agreed and is considered by Brussels to contravene the agreement that is already in place. It has been 1,629 days since the Brexit referendum decision set the UK on a path to depart the European Union and there have been several false dawns, but now every cliche that has been used such as eleventh hour, five to midnight, last chance saloon and now or never, is coming to fruition." 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.