EU preparing to apply deal

No deal has been reached but EU member states have been told by the European Commission to be ready for the provisional application of the new UK trade deal starting January 1.

They also said that if a deal is finalized today, to be ready for a meeting on Thursday morning.

I don't think they would be telling people to be ready for a meeting on Christmas eve if they didn't think something was coming.

Cable ticked higher on this headline.

EU preparing to apply deal

Update: Here's the quote in the story, citing an EU diplomat.

"It seems the deal is pretty much there. It's a matter of announcing it today or tomorrow."