OctaFX | OctaFX Forex Broker
Open trading account
Back

The next fortnight will see UK PM Johnson kick start the trade talks with the EU and US – The Telegraph

The Telegraph recently spread the news that the UK PM Boris Johnson is set to kick start trade talks with the US within the next two weeks, amid frustration in Number 10 at EU “time-wasting.”

Key quotes

The Prime Minister will next week (March 2) publish the Government’s ‘red lines’ for its US trade negotiations which are expected to push back on US demands for its drug and health firms to have greater access to the British market.

In an apparent nod to US concerns over Britain’s tough stance on food and agricultural standards, George Eustice, the Environment Secretary, on Sunday appeared to soften the UK’s resistance to importing American chemically-treated chicken.

FX implications

While the news should ideally help the GBP/USD pair, the buyers and the sellers are jostling around 1.2950 by the press time of early Monday as markets are more interested in coronavirus updates amid risk-off.

Army spokesman: Israel carries out strikes on Islamic Jihad targets in Syria and Gaza – Reuters

Early on Monday morning in Asia, Reuters came out with the news, relying on a tweet from Israeli military spokesman, stating that Israel carried out s
Read more Previous

Gold pulls back from fresh seven-year high to sub-$1670 area, coronavirus in focus

Gold prices rallied to $1,681.25, the highest since February 2013, during early Monday. The yellow metal recently benefited from the rise in the coron
Read more Next
Start livechat