The pound has weakened slightly against the euro and the dollar this morning as Brexit trade talks continue. Reports over the weekend revealed that sticking points remain between the two sides. Negotiations will resume today, and the Prime Minister is due to have a call with President of the European Commission, Ursula von der Leyen, this evening.
Fisheries, the level playing field and governance over a new deal are the three issues that remain. The European Council meeting will take place on Thursday and Friday this week, which marks the date that negotiators had hoped for a deal to be achieved. However, talks may run into the end of the week.
The Bank of England will release their financial stability report this week, which could reveal any additions to stimulus measures to help the UK economy. GDP and industrial production figures will be released on Thursday.
