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1 Jun 2017

EU's Oettinger: No reason to believe UK will use budget veto as negotiating card

Günther Hermann Oettinger, the European Commissioner for Budget and Human Resources, crossed the wires, via Reuters, with the key quotes found below:

  • Disappearance of British EU budget rebate with Brexit provides chance to ‘get rid of all other rebates later granted'
  • No reason to believe UK will use budget veto as negotiating card
  • Expect next UK government to recognize that a Brexit deal for economy & citizens is better than no deal
Jun 1, 2017

UK: Don't be misled by sterling stability, investors are concerned - BBH

Analysts at BBH point out that Sterling is faring better than one would have expected given that some polls suggest that the Tories could lose their m
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Jun 1, 2017

JPY: Cautious neutral bias - Westpac

Robert Rennie, Research Analyst at Westpac, suggests that they would sit on a cautious neutral bias for JPY for the coming week though willing to buy
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