Comments by UK prime minister, Boris Johnson
- Fisheries is a big problem
- There is a way to go
- Yet to see a big change from the EU
Essentially, the dinner meeting between Johnson and von der Leyen resulted in both sides now threatening that they are fine with letting the clock tick down and a no-deal outcome will kick into effect as such.
That might be how things transpire on Sunday but don't rule out a return to the negotiating table before 31 December.
As for the pound, these comments won't help going into the weekend. Cable is at the lows around 1.3170 after falling below 1.3200, with the 50.0 retracement level seen as a potential target next @ 1.3107 as well as the 100-day moving average @ 1.3089.
