Are Both Sides Softening Brexit Rhetoric

Brexit negotiations are set to start in less than a month with signs emerging that for all the hard rhetoric of recent weeks there are key areas on which both the European Union and Britain might be willing to compromise.

That’s the view of some EU officials as the bloc’s remaining 27 governments make final preparations for the talks, which they seek to begin in the week starting June 19. While the terror attack in Manchester on Monday has shifted attention away from Brexit in recent days, focus will return when the U.K.’s political parties resume campaigning.

There are indications of flexibility from the EU over the bill it wants the U.K. to pay on departure. On the other side, the British also are implying a willingness to make concessions on the financial settlement as well as on immigration and the power of EU judges.


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Craig Erlam

Craig Erlam

Former 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.