The pound suddenly jumped over a hundred points, just because the European Union released this heavyweight signal!

The EU's chief negotiator stated that the EU is prepared to establish an unprecedented close relationship with the UK after Brexit, but cannot weaken the single market. The UK Brexit Secretary stated that a Brexit agreement is "in sight". Media reports that both the European Union and the UK have set the deadline for negotiations to10Month postponed to11Month.


EU Chief NegotiatorBarnierBoth the German Foreign Minister and the EU have expressed their intention to establish close relations with the UK, and the Brexit Minister is optimistic about reaching an agreement. The pound rose in response.


28Japan Wednesday,BarnierIn collaboration with the German Foreign MinisterHeiko MaasAfter the meeting, it was stated that after Brexit, the EU is ready to establish an unprecedented close relationship with the UK, but the EU will not allow anything that weakens its single market to happen. There is no room for negotiation on the issue of a single market, and the Norwegian model can be adopted, but that is part of the single market.BarnierSay:

"We are prepared to provide the UK with a cooperative relationship that has never been given to any third party before." "We cautiously respect the negotiating bottom line of the UK. In response, they must also respect ours. A single market is the literal meaning, not a nitpicking single market."

Heiko MaasIt means that the EU's goal is to establish an ambitious and intimate relationship with the UK in terms of economy, security, and foreign policy after Brexit.

UK Secretary of State for Brexit AffairsDominic RaabOn the same day, it insisted that a "positive" Brexit agreement could be reached with the European Union.RaabSay, roughly80%The content of the Brexit agreement has been determined, and he is confident that the agreement is within reach. As the Brexit date approaches, negotiations will be "intensive".

Subsequently, on Wednesday Eastern Time, according to sources familiar with the situation, senior officials from both the UK and the EU acknowledged that it was impossible to10As a deadline, they have now set the deadline as11Month, latest on11Mid month.11At the beginning of the monthBarnierThe meetings of center right European leaders such as German Chancellor Merkel and European Council President Tusk may provide important opportunities to assess the situation.

The report points out that this year10month18The EU summit in Japan was originally seen as the deadline for the Brexit agreement. The above news means that the EU will11An emergency summit will be held this month, but EU officials say there is currently no confirmed plan to do so.

The spokesperson for British Prime Minister May told reporters on Tuesday that in the10The deadline is to work hard every month. The EU and the UK have unanimously agreed to accelerate the pace of negotiations. There are reports that Mei's team also believes that in order to11end of the monthG20At the summit, facing Trump's formation of a European united front, the EU will hope to reach a Brexit agreement.

After news of a breakthrough in the Brexit negotiations emerged, the pound rose sharply against the US dollar and briefly broke through1.3000, creating8month6Recently, it reached a new intraday high.

Some media have noticed that,BarnierThe Norwegian model mentioned earlier2016It was mentioned multiple times during the referendum on Brexit in the UK.

Norway is part of the European Economic Area（EEA）Members of, responsible forEEAMembership fees have access to the EU single market, following the policies and rules of the single market as well as major EU laws. Immigrants are also free to enter and exit, but are not subject to EU regulations on agriculture, fisheries, justice, and family, and have no say in EU trade policies.

If the Norwegian model is adopted, the UK will take on the responsibility ofEEAThe expenses of member states. In addition, the rules of origin will apply to services and goods exported from the UK to the EU, and administrative costs and additional EU import tariffs may be significant. Its agricultural exports will also be subject to EU tariff and anti-dumping rules.