-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessREPEAT: MNI: EU Not Working On 'No Deal' Brexit Scenario- Tusk
Repeats Story Initially Transmitted at 21:16 GMT Oct 10/17:16 EST Oct 10
Repeats Story Initially Transmitted at 15:00 GMT Oct 10/11:00 EST Oct 10
By Tara Oakes
BRUSSELS (MNI) - Tensions bubbled up around the EU side of Brexit talks
Tuesday after UK Prime Minister Theresa May's Commons statement claimed the ball
was in their court.
May, who wants to move negotiations on to a possible future relationship, called
on the EU side to step up yesterday.
But European Council President Donald Tusk went all the way back in time to
criticise the referendum campaign in the UK, which led to the vote to leave the
bloc.
"Britain's referendum campaign was full of false arguments and unacceptable
generalisations," Tusk told the European Committee of the Regions.
He added that the leave vote had led, after "much effort" to a stronger, more
united 27 -- whose solidarity behind Chief Negotiator Michel Barnier has so far
generally held firm.
There was a general, if muted, welcome for the change of tone in Brussels after
May's Florence speech conceded the need for a transition deal. But her language
yesterday seems to have stiffened resolve once more to deal with the UK in a
firm way, which the EU maintains is fair.
"We hear from London that the UK government is preparing for a "no deal"
scenario. I would like to say very clearly that the EU is not working on such a
scenario. We are negotiating in good faith, and we still hope that the so-called
"sufficient progress" will be possible by December," Tusk said.
Sufficient progress is required in three key areas -- financial settlement,
citizens' rights and Ireland -- before the EU will allow talks to move on to
future relationship. The seal of approval was hoped for next week at the Council
summit, but Tusk's words firmly batted it to December -- or beyond.
"If it turns out that the talks continue at a slow pace, and that "sufficient
progress" hasn't been reached, then -- together with our UK friends -- we will
have to think about where we are heading," he added.
Barnier himself appeared fed up of the constant metaphors bandied around to
describe talks, including the one used by May herself.
"Brexit is not a game," he said on exiting a lunch with his UK counterpart,
David Davis, in Brussels.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.