Equity markets were flat but held near record highs while the euro continued to power higher breaking the 1.2100 barrier as momentum flows continued to lift the single currency. There was little fresh newsflow in overnight trade with Brexit talks still at standstill and the French threatening to veto any deal that would give up too much on fishery rights. While fish appear to be the main negotiating sticking point they are less than immaterial in the greater scheme of things and the far, far greater risk here is that the UK financial industry will be boxed out of the EU market. Finance is the UK’s greatest economic ... (full story)