Euro is down against the pound, after Italian industrial production showed a much sharper decline than expected yesterday morning. Industrial output year-on-year also showed its first contraction since 2014.
Talk of potential stumbling blocks in the UK-EU trade negotiations continues, with many expecting fisheries to be a key sticking point. Many of the EU’s coastal states have pressed for continuing access to UK fishing waters, while the British government is strongly set on closing access. The Fisheries Bill is currently being read in the UK’s waters, and is expected to pass through.
