May Gathers Ministers to Hear Views on Brexit

Prime Minister Theresa May told her top ministers on Wednesday they must deliver Brexit, and not entertain any idea of staying in the EU by the “back door”.

After a summer of political earthquakes followed by a few weeks of holiday calm, May gathered her cabinet team for the first time since she asked them to use the break to come up with options for Britain’s future ties with the bloc after a divorce.

For many in the EU, it is not before time. They have given May breathing space to devise a negotiating stance before triggering the exit procedure, but are keen for Britain to begin the talks and end uncertainty that has hurt investment.

Reuters

USD/JPY – Yen Slide Continues After Soft Japanese Manufacturing PMI

ADP Data Eyed Ahead of Huge Jobs Report

Dollar Grinds Higher Looking For Fundamental Support

Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.