What Do We Know Ahead of May’s Florence Speech?

British Prime Minister Theresa May is poised to travel to Florence, Italy on Friday with ambitions to underline Britain’s hopes for a “special partnership” with the European Union (EU) post-Brexit.In a move likely to be viewed as an attempt to break the current deadlock, May is expected to give an “update on Brexit negotiations so far”, the prime minister’s deputy spokesperson said last Thursday.Why will May make a speech?May’s much-anticipated speech in Florence marks the government’s third major policy statement on Brexit, following the prime minister’s Lancaster House speech in January and her letter triggering Article 50 in March.

Source: Brexit: Here’s all you need to know ahead of May’s speech in Florence

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
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 Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. 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.