The pound is slightly weaker this morning but still near significant levels, as hope for a Brexit deal remains. Intense talks are set to continue in London this week, after the EU’s Chief Negotiator, Michel Barnier, travelled to the UK last Thursday. It is hoped that a deal will be achieved by mid-November.
Key sticking points remain, including issues over fisheries and state aid. It’s thought that talks will move to Brussels on Thursday.
It’s a light week for economic data this week, but we will see car production and mortgage figures on Thursday, as well as consumer credit figures from the Bank of England.
