Brexit Negotiations Delayed By a Week

Brexit negotiators postponed next week’s scheduled round of divorce talks by a week, adding to signs that U.K. Prime Minister Theresa May is planning a public speech on her latest strategy.Officials from the European Union and Britain were due to meet in Brussels on Monday for the fourth time since June, but will now gather on Sept. 25. The aim is to give both sides more time to ensure they make progress when they do convene, a U.K. government spokesman said in a statement. Another official, speaking on condition of anonymity, cited Britain’s political calendar.The delay is being formalized a week after the European Parliament’s Guy Verhofstadt said May was preparing to make an “important intervention” that might require rescheduling.

Source: U.K. and EU Delay Next Round of Brexit Negotiations – Bloomberg

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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.