Comments from the EU following May’s dinner with Jean-Claude

  • Juncker and May had a broad and constructive exchange
  • May & Juncker are prepared for EU summit
  • M&J reviewed progress in Brexit talks
  • They met in a constructive and friendly atmosphere

The quid bounced from the 1.3225 lows to 1.3253 and trades at 1.3244. It all seems fine and dandy on the surface but the market will want to know if there’s been any real progress, or whether it was just a whole load of pleasantries with no substance.

Ryan Littlestone

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