09.01.2018 Barnier with a bit more on Uk Banks access

A country that leaves the EU “can no longer benefit from a passport in the single market nor from a system of generalized equivalence of standards,” Barnier told an audience of Belgian business leaders in Brussels. However, there may be cases where the EU could “consider certain U.K. rules as equivalent, based on a proportionate and risk-based approach,” he said.

Bloomberg has this article about the subject

No market impact rally , Cable in line with the Euro recovers a bit :
Cable 1.3540
EURUSD 1.1938
EURGBP 0.8817

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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