Banks

UK Official confirms Trump expected to announce US deal outline

An official at the UK government confirmed on Thursday that US President Donald Trump is expected to announce an outline of the US-UK trade deal.

The Wall Street Journal (WSJ) and the New York Times (NYT) reported earlier in the Asian session that Trump will likely announce a framework for a trade deal with the UK deal.

Market reaction

GBP/USD remains unimpressed by the above comment, trading flat on the day at 1.3290 as of writing.

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