|

EU’s Barnier: UK elections will not change the directives of the EU in Brexit talks

More comments flowing in from the EU’s Brexit Chief Barnier, as he continues to respond to the Q&A during his presser.

Key Headlines:

It's been made clear, I am the Brexit negotiator

I will be concentrating on facts, figures, laws and not emotions

Time is ticking and very short on reaching an agreement with Britain

Talks on free trade will not start immediately

Brexit will have legal and human consequences

Doesn't wish to make any comments on any new government in UK

UK elections will not change the directives of the EU in Brexit talks

Agreement on citizens’ rights must apply to all who arrive in Britain up to the day of Brexit

We have not and will never ask the UK to sign a blank cheque

All we will ask is that the UK settles its obligations (UK press trying to create some inflammatory headlines)

Contrary to press reports, meeting with May was very cordial

I share May's passion for hiking in the mountains

Additional headlines on the EU-Brexit directives:

EU seeks constructive dialog with UK on international commitments

Seeks global amount for Brexit bill and adjustments are possible

Seeks trade continuity with UK for goods on market pre-Brexit 

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

More from Dhwani Mehta
Share:

Editor's Picks

AUD/USD rises to 0.6950 as USD slips on Fed's Warsh

AUD/USD regains traction and extends the bounce toward 0.6950 in the Asian session on Friday. Fed Chair Warsh's comments reinforce the selling pressure on the US Dollar, allowing the pair to stretch higher. Warsh said that he remains committed to delivering price stability without giving away anything on future interest rate path.

USD/JPY falls in symc with USD, gives up 158.00 after Warsh's speech

USD/JPY has come under fresh selling pressure and gives up 158.00 in the Asian session on Friday amid the emergence of fresh US Dollar selling. Fed Chair Warsh's non-committal commentary on the future tightening path, weighs on the US Dollar and the pair.

Gold looks vacillating above $4,150

Gold alternates gains with losses below the key $4,200 mark per troy ounce on Friday. The yellow metal’s irresolute price action comes in response to a modest pullback in the US Dollar and a tepid recovery in US Treasury yields across the board.

Bitcoin steadies at $82,000: The five forces crushing the Uptober rally

Crypto markets have remained under pressure so far in October, with Bitcoin (BTC) sliding below $80,000 earlier this week before recovering to around $82,000 on Friday, as macroeconomic headwinds and cooling demand weigh on the market.

The Fed just got a second hot inflation number. Here's what the diesel signal is really saying
The Federal Reserve (Fed) faces a renewed inflation challenge after two consecutive reports showed price pressure intensifying across the US economy. September's Consumer Price Index (CPI) confirmed accelerating consumer inflation, while the Producer Price Index (PPI) revealed an even sharper rise in business costs. Behind both reports lies a common factor: energy prices.
Everyone's dumping Gold after hot US inflation. Here's why $4,100 could be a floor, not a cliff
Gold (XAU/USD) is recovering from a sharp sell-off triggered by hotter-than-expected United States (US) inflation data released on Wednesday. The precious metal briefly plunged toward $4,073 as investors increased their bets on further Federal Reserve (Fed) interest rate hikes before recovering as US Treasury yields and the US Dollar (USD) reversed their initial gains.