Brexit Secretary Stephen Barclay and Attorney General Geoffrey Cox are heading to Brussels today for talks with Michel Barnier and, although a press conference now seems unlikely, the markets will be watching carefully for any signs of developments.
Meanwhile, the UK construction PMI fell yesterday for the first time in eleven months, just falling below the threshold of 50, causing a slight dip in the pound.
The Eurozone saw a bit more positivity yesterday, as economic releases came in narrowly above expectations. This morning, services and composite PMI data also came in just above expectations, although still several points lower than this time last year.
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