The pound is strong against the euro and the dollar this morning, after weakening at the end of last week due to the absence of any solid Brexit news. The European Council meeting on December 11 is thought to mark the final deadline that a deal can be agreed.

Foreign Secretary, Dominic Raab said yesterday that the talks are entering into the “last week or so” of “substantive” negotiations. He also urged the EU to accept a “point of principle” on fisheries. Talks will continue this week between the two sides.

It’s a light week of data for the UK, but consumer credit and mortgage figures will be released today, followed by PMI data on Thursday.

 

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