There have been positive signs on US trade talks with both the EU and China, with EU leaders agreeing last night to negotiating directives for their trade talks. It could well be that the spectre of a US-EU trade war will remain just that, although there are still plenty of hurdles to be overcome in the future.
It was a quiet day for the pound yesterday. The main release today will be earnings data, which are expected to come in positively, in a good sign for the UK economy. In the meantime, cross-party Brexit talks are said to be progressing well, with an internal deadline of nine days’ time to ‘take stock’.
No-one knows how long this will last, or if anything will come out of the cross-party Brexit talks. Don’t leave your capital open to chance; secure a fixed rate with a forward contract. Speak to your Personal Trader on 020 7898 0541.
