UK PM May: Confident of a good Brexit deal

UK prime minister Theresa May speaks to Bloomberg in Davos - 25 January 2018

  • Positive about future of city of London post-Brexit
  • Positive that UK will get comprehensive trade agreement with EU
  • Senses pragmatism among EU leaders
  • Appalled by Presidents Club revelations
  • Should be looking at cryptocurrencies 'very seriously' because of how they can be used by criminals

She sounds awfully optimistic, but the market isn't getting too carried away. While sterling has improved over the last week, it's not jumping on these comments.

Cable now at 1.4270 still while EUR/GBP is back down to 0.8700 as the euro slips a little on the day.

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