DUP Stands Firm on Brexit Deal

“You can’t have your cake and eat it” has always been the European Union’s mantra in Brexit negotiations. It turns out maybe Northern Ireland could, but history doesn’t bode well for an agreement.The province is probably the only part of the U.K. that the EU might ultimately allow to have unimpeded access to both the British and single European markets following Brexit, according to a European diplomat involved in the negotiations.Trouble is, the pro-British Democratic Unionist Party that props up Prime Minister Theresa May’s government is adamant it won’t do anything that might weaken the union with the rest of the U.K.

Source: As May Scrambles to Save Brexit, ‘Doctor No’ Party Stands Firm – Bloomberg

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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
Craig Erlam

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