Free Trial
USDCAD TECHS

Remains Vulnerable

AUDUSD TECHS

Trend Needle Points North

US TSYS

Bonds Near Highs, Yield Curves Flatter

EURJPY TECHS

Bearish Outlook

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 Access

UK Minister-Northern Ireland Situation As It Stands Undermining GFA

EU-UK

Tony Connelly at RTE tweets comments from UK Cabinet Office minister Michael Ellis, speaking at the EU-UK Forum after EU Commission Exec VP Maros Sefcovic gives a damning assessment of UK gov't actions regarding the Northern Ireland Protocol bill. Select comments below:

  • "Despite the difficulties of the last few years, the United Kingdom and European Union are on the same side."
  • "It makes no sense to put [cooperation] at risk over the NI protocol. "our overriding priority has been preserving peace and stability. The situation as it stands is undermining the GFA" there is no Executive as a direct result of the Protocol"
  • "Problems include trade disruption and trade diversion, traders not able to benefit from advantages of those in the rest. We cannot allow this situation to continue, we must fix the problems and stabilise the situation in NI to allow the formation of an Executive"
  • "Says the NI Protocol bill will fix practical problems that the protocol has created. "We're not scrapping the Protocol, we're protecting the elements that work, eg North South cooperation, the [Common Travel Area] and we're fixing those elements of the Protocol which do not work"
  • "Ellis says it is "our clear view" the EU's proposals would increase the burden on citizens. "It is disappointing the proposals the EU published a fortnight ago are no different to the October Proposals"
  • "Ellis says "our door is still open" to negotiations, but only if the EU agrees to change the Protocol..."
239 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Tony Connelly at RTE tweets comments from UK Cabinet Office minister Michael Ellis, speaking at the EU-UK Forum after EU Commission Exec VP Maros Sefcovic gives a damning assessment of UK gov't actions regarding the Northern Ireland Protocol bill. Select comments below:

  • "Despite the difficulties of the last few years, the United Kingdom and European Union are on the same side."
  • "It makes no sense to put [cooperation] at risk over the NI protocol. "our overriding priority has been preserving peace and stability. The situation as it stands is undermining the GFA" there is no Executive as a direct result of the Protocol"
  • "Problems include trade disruption and trade diversion, traders not able to benefit from advantages of those in the rest. We cannot allow this situation to continue, we must fix the problems and stabilise the situation in NI to allow the formation of an Executive"
  • "Says the NI Protocol bill will fix practical problems that the protocol has created. "We're not scrapping the Protocol, we're protecting the elements that work, eg North South cooperation, the [Common Travel Area] and we're fixing those elements of the Protocol which do not work"
  • "Ellis says it is "our clear view" the EU's proposals would increase the burden on citizens. "It is disappointing the proposals the EU published a fortnight ago are no different to the October Proposals"
  • "Ellis says "our door is still open" to negotiations, but only if the EU agrees to change the Protocol..."