Juncker: It’s not been possible to reach a full agreement today

Joint Brexit statement from UK’s Theresa May & EU’s Jean-Claude Juncker 4 December 2017

Not been possible to make a complete agreement
Significant progress has been made
EU reasdy to resume talks this week
May is a tough negotiator
This is not a failure

May says;

We want to move forward together
Need more consultation on some issues
Is confdent on a positive conclusion

Short but sweet but not a disaster. Juncker has given a bullish statement that progress has been made and the comment that this is not a failure is telling.

GBPUSD has recovered to 1.3480 but still looks edgy.

This is all about the DUP as May had to break from the meeting to make some calls to the party. That suggests there’s still some sticking points between what May is offering and what the DUP will back.