UK PM May’s spokesperson out with a brief statement 30 Oct
- don’t want to see a return to direct rule
- will discuss preparations for Brexit with her top cabinet ministers on Tuesday
Rajoy wanting direct rule in Spain but May & Co still wanting NI to have its own say, especially given the DUP hold her parliamentary voting power in the balance. The issue of a hard border with the Republic of Ireland also a main topic for Brexit talks.
Meanwhile GBPUSD up testing 1.3200 as EURGBP falls further to 0.8815. Offers at 1.3200-10 and support at 0.8800 next targets to break if we are to gain momentum.
May and Foster still with plenty to discuss