UK: Focus on Brexit - TDS

Analysts at TDS suggest that there are two key Brexit events on the calendar today and the first, the EU releases their draft negotiating guidelines for the post-Brexit trade agreement, with a press conference by Donald Tusk scheduled for 12:15 GMT.

Key Quotes

“These guidelines will guide chief EU negotiator Michel Barnier when he sits down to discuss a trade agreement with the UK later this year. Second, Chancellor Philip Hammond gives a speech (time TBC) that will outline the UK's goals for a financial services relationship with the EU. Theresa May rejected passporting rules last week, so today's speech is likely to stress regulatory alignment between the two blocks.”