What is Priced?

Today Sterling managed to shed almost 1% of its value following the press conferencebetween UK and EU Brexit negotiators Davis and Barnier. The line from Barnier that caused GBP such pain was: "we have reached a state of deadlock which is very disturbing". In truth, we all already knew this. The UK wants to talk about a post Brexit EU trade deal; the EU wants to talk divorce payments up front. The European Council President To read this article, please log in or sign up to one of our subscription packages.