- Analytics
- News and Tools
- Market News
- European session review: GBP appreciates as news about departure of British PM's chief adviser Cummings raised hopes for less hard-line approach from UK government to Brexit talks
European session review: GBP appreciates as news about departure of British PM's chief adviser Cummings raised hopes for less hard-line approach from UK government to Brexit talks
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 10:00 | Eurozone | Trade balance unadjusted | September | 13.9 | 22 | 24.8 |
| 10:00 | Eurozone | Employment Change | Quarter III | -2.9% | 0.9% | |
| 10:00 | Germany | German Buba President Weidmann Speaks | ||||
| 10:00 | Eurozone | GDP (QoQ) | Quarter III | -11.8% | 12.7% | 12.6% |
| 10:00 | Eurozone | GDP (YoY) | Quarter III | -14.8% | -4.3% | -4.4% |
| 12:00 | U.S. | FOMC Member Williams Speaks |
GBP appreciated against its major rivals in the European session on Friday, supported by news that the UK's Prime Minister Boris Johnson’s chief adviser Dominic Cummings was to leave his role by the end of the year. Cummings ran the pro-Brexit Vote Leave campaign in the UK's EU referendum in 2016 and news about his departure raised hopes that London could take a less hard-line approach in talks with Brussels.
The EU-UK negotiation over a trade deal will resume in Brussels next week. Earlier this week, it was reported that the EU and the UK are likely to continue discussions of their post-Brexit trade relations past the mid-November deadline.
The UK PM's spokesman acknowledged today that familiar differences remain on level playing field and fisheries. He also noted the UK's position in relation to the future trade agreement negotiations is unchanged. "We want to reach a deal but it has to be one that fully respects the sovereignty of the United Kingdom," the spokesman added.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
