Focus of yesterday's session was again on Brexit, with UK publishing more EU negotiation plans. The UK government has set out proposals to ensure trade in goods and services can continue on the day the UK leaves the EU in March 2019. A position paper calls for goods already on the market to be allowed to remain on sale in the UK and EU without additional restrictions. It also calls for consumer protections to remain in place.
The Brexit department aims to keep pressure on the EU ahead of the third round of talks in Brussels next week. A second paper calling for a reciprocal agreement to ensure continued confidentiality for official documents shared by Britain with its EU partners while it was a member state has also been published on Monday.
There will be no major data releases both from the UK and USA tomorrow, so we can expect a bit steadier session.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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