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

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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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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

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 BNN. 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

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