Brexit Talks Are Due to Wrap But the Market Volatility May Go On

  • Final round of scheduled negotiations to conclude Friday
  • Both sides making progress, but talks may not enter ‘tunnel’
EU to Begin Legal Action Against U.K. on Internal Market
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The final round of scheduled talks between the U.K. and European Union over their future relationship is set to end on Friday with the two sides making limited progress, setting up a frantic few weeks of last-ditch negotiations and market volatility.

The EU’s chief negotiator, Michel Barnier, will meet on Friday morning with his British counterpart David Frost to discuss whether they are in a position to enter a final intensive stage of talks that would signal a deal is within touching distance. EU officials cautioned against expectations they would enter this so call tunnel immediately and indicated that negotiations could continue in the coming days.