UK PM May: Further clarifications from the EU on backstop are in fact possible

Haresh Menghani FXStreet

Below are some of the key highlights from the UK PM Theresa May's speech from the European Council:

• Further clarifications from the EU on backstop are in fact possible.
• Will work with the EU on further assurances for parliament.
• I believe it is better to leave with a deal.
• Very clear from EU they want to ensure this deal gets over the line.
• This is the clearest statement we've had yet from EU on the backstop.
• EU stands ready to embark on the preparation of future ties.
• EU firmly committed to having future ties in place so avoid backstop.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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