May Out to Reassure

Attending her first European Union summit since Britain’s vote to leave the bloc, Prime Minister Theresa May tried to reassure EU leaders over Brexit but was told by French President Francois Hollande to prepare for tough negotiations.

At a gathering in Brussels where EU leaders had robust debates on Russia, migration and trade issues, May was allotted a short time slot at the end of dinner on Thursday to lay out her plans for taking Britain out of the EU after more than four decades as a member.

May has said she will formally notify the EU of Britain’s plan to leave by the end of March, but she and her ministers have sent conflicting signals about what kind of relationship they envision once the divorce talks end.

Reuters

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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.
Craig Erlam

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