According to Financial Times, the EU is considering extending the Brexit-transition period by an extra year. The news came late Tuesday night, before the EU summit in Brussels on Wednesday.

One of the key issues have been the Northern Ireland border and according to media sources the border issue and extending the transition period are going in hand in hand.

In the financial markets, the sterling gained 0.4 percent to 1,32 US-dollars and 0.3 percent to euro. Ten-year gilt yields rose one basis point to 1.62 percent, Bloomberg reported.

Wall Street was very positive and the main stock indexes gained over 2 % – lead by the tech stocks and good earnings from Goldman Sachs.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s