|

EU's Barnier: Brexit talks to start in June

Speaking to reporters on Monday, the European Union's chief Brexit negotiator Michel Barnier said he expected first talks with London on the terms of Britain's withdrawal form the EU to take place in week starting on Monday, June 19, as per Reuters reports.

Key quotes (via Reuters):

"We will need to make sufficient progress on this first phase if we are to move to phase two as quickly as we can at the end of this year and the beginning of next as we negotiate the future relationship between the EU and the UK." 

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

More from Eren Sengezer
Share:

Editor's Picks

GBP/USD rebounds above 1.3300 ahead of UK Retail Sales data

The GBP/USD pair recovers some lost ground to near 1.3325, snapping the five-day losing streak during the Asian trading hours on Friday. However, the potential upside might be limited amid heightened military tensions in the Middle East. Traders brace for the release of the UK Retail Sales data, which will be published later on Friday. 


EUR/USD rises as US Dollar weakens despite rising Middle East tensions

EUR/USD gains ground after posting modest losses in the previous day, trading around 1.1380 during the Asian hours on Friday. However, the potential upside for the pair could be limited as the US Dollar may regain strength, largely driven by escalating conflicts in the Middle East that threaten to push crude oil prices higher. 

Gold retains bearish bias heading into the Fed week

Gold is nursing heavy losses incurred on Thursday, keeping its range near $4,050 early Friday. Despite the recent retracement, Gold remains on track to register its first weekly gain in three.   


Ethereum: Derivatives interest in ETH improves, but signs of caution remain

Ethereum is hovering slightly below the $1,900 level, down 3% on Thursday following a slight expansion in derivatives interest. The top altcoin's open interest has increased to 14.60 million ETH, marking a 600K ETH increase over the past two days and its highest level since June 7.

Bitcoin stalls near 50-day EMA, Ethereum extends losses,  XRP struggles at key resistance

Bitcoin stalls near the 50-day Exponential Moving Average at $65,145 after a mild correction earlier this week. Meanwhile, Ethereum and Ripple face rejection at key resistance levels, keeping the short-term technical outlook bearish.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?
The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.