PM May's Speech Gives Very Little Substance

Political risk has dominate proceedings at the end of the week, with Theresa May delivering her speech at Mansion House looking outlining her plans to get the deepest possible free trade deal achievable. The speech today comes after Donald Tusk warned during talks with Mrs May on Thursday that there could be no frictionless trade outside of the EU and that friction was inevitable. All of this is in a week that has seen US dollar gains and downside in Cable.

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