EU seeks to put brave face on Brexit day, warns UK of costs of divergence

Best of Luck to UK as you embark on a New Journey.
With change always comes New Opportunity.

The mangaminity and wishes of goodwill and good luck expressed in the EU statements and the realism they have tried to respectfully impress on the UK government regarding the pending negotiations on the UKs post Brexit relationship, contrasted wonderfully with the clown like flag-waving jingoistic performance of Farage in the Parliament.
Brexit hasnt ended this evening at 00:00 CET. It has just begun.
Its now up to the UKs Brexit government and its supporters to prove that it was all worth it.. and as the chickens come home to roost.. thats going to give us all some exceptional trading opportunities in the next three years.

Let's hope the EU negotiates in good faith now.

EU always warns the others , they should have a look to EU instead of blaming the others for their stupidity , best of luck to UK .

Dear UK; Make stuff for the USA. I'll buy it! Thanks for your attention. Go GBP!

There's some real value stocks in the Ftse 100 at the moment .It's a neglected index and some of the stocks yields and dividends are real bargain basement

Their biggest mistake in a decade.

In a century, should it be.

UK, I mean.

Good Faith? dont understand.
Within the EU there are highly developed rules based system in negotiations between members..
Outside there are ew if any rules. WTO provides a framework which is being undermined and deconstructed day by day as a result of current US policy.
There are Conventions - yes.. but which are increasingly broken.
The USTDA operates every day with China/Japan/Korea/EU etc. on just that basis...power and leverage rule.
Does the USDA negotiate in Good Faith?

EU will negotiate going forward with UK solely in its own best interests.. as will UK.

But hey .. as long as it creates Fx volatility bring it on?
Isnt that the mantra here?
"Focus on Trading"

EU is supposed to negotiate the best result. For EU and its people.

UK has claimed to "take control over its waters". From tomorrow, no non-UK fishers are allowed to have access to UK waters without permission. The EU idea of response seems to be that UK finance business should not have access to EU "without permission". Guess who will win this fight. BoJo shot himself in the foot once again. "When will they ever learn?"

Ross will be upset he can't point at GBP falling through the floor today.He has to talk 3 years into the future.

Heres the thing stick to your rules based system {highly developed} Because Uk is the customer in the relationship
One of the major financial contributor's to the whole project ,gone...

No Problem

Clarification:
On Wednesday, the British government will introduce a bill into parliament for legislation to end automatic rights for European Union vessels to fish in UK waters. Under the Fisheries Bill, Britain will leave the European Union’s Common Fisheries Policy at the end of the 11-month Brexit transition period , giving it the power to operate as an independent coastal state. In the meanwhile Uk will operate within the EU Fisheries policy but require issue of licences. To put UK’s fishing in perspective according to Seafish, an organisation that represents the industry, fishing represents only 0.04% of UK GDP, and fish processing is 0.43%. Worth comparing for example with the motor industry which generates about £16bn in GVA and employs 162,000 people... and financial services generating £130+bn. An issue of little economic importance to traders but of huge political moment in the 2020 negotiations. All playing into UK sensitive domestic self-image and "taking back control".... and terminating EU member existing economic interests.
IMHO, Not a particularly useful subject for traders to engage in these threads on.
Just a Though.
Useul background here: https://fullfact.org/europe/eu-pinch...SAAEgJZ9PD_BwE