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7 Dec 2020

Ireland's Coveney: EU mood starting to shift towards no-deal planning

Ireland’s Foreign Minister Simon Coveney said on Monday that there has been no progress in Brexit talks in the last two days and added that new problems have landed on fisheries rather than solutions.

Coveney further noted that the mood in the EU has started to shift towards no-deal planning and there is a great deal of frustration on both sides. 

Market reaction

The GBP/USD pair is edging lower following these comments and was last seen trading at 1.3312, where it was down 0.95% on a daily basis.

Dec 7, 2020

WH Adviser Kudlow: Odds are improving for a stimulus bill agreement

White House economic adviser Larry Kudlow said on Monday that there are a lot of conversations going on regarding the coronavirus aid bill and added t
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Dec 7, 2020

UK PM Johnson: Conditions for finalising an agreement are not there

In a joint statement with European Commission President Ursula von der Leyen, British Prime Minister Boris Johnson noted that sides agreed that the co
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