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

Uncertainty Reigns

Gold Pauses After Sharp Losses Kick Off Week

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam