Market comment - UK alleges EU side has toughened stance in Brexit talks

Davy Research
/Read Important Disclosures

Complaints from the UK this morning that the EU side has toughened its stance in the Brexit talks are hard to credit and could simply be a negotiating tactic. The EU has consistently said in recent weeks that important differences on level playing field provisions remain unresolved. In any case, theatrics late in the negotiations were always likely. Irish GDP data, to be published this morning, should show a strong bounce-back in Q3 2020 as the economy reopened.