Also in the news...
Apply to use simplified declarations for imports you entered in your records without authorisation
Choose how you’ll make supplementary declarations for goods that you entered into your own records without authorisation.
UKEF backs Leicester sustainable packaging firm in Australian expansion
UK Export Finance announces support for a UK luxury sustainable packaging company to expand into new foreign markets.
Hundreds of new UK jobs as Nigerian companies confirm millions in investment
Hundreds of new UK jobs are set to be created as Nigerian companies scale up their operations, reinforcing Britain's position as a leading global business hub.
Chancellor lands major investment with Spain as she prioritises closer ties with Europe
Rachel Reeves visits Madrid to meet 120 of Spain’s top businesses and investors and Minister of Economy, Trade and Business Carlos Cuerpo
France: providing services and travelling for business
Guidance for UK businesses on rules for selling services to France.
Markets hope for a breakthrough in China/US trade talks.
The dollar has regained some ground overnight reversing some of the sell-off seen on Friday. Comments from Fed Chair, Jay Powell in Atlanta that the bank would look to be “patient” re: rate rises throughout 2019 had seen the greenback sold off and stock markets jump in America.
EUR/USD has fallen back to around the 1.1445 after looking like it may break through 1.15 and USD/JPY is back up to around the 109 handle after testing 108. Talks in Beijing are ongoing between US and Chinese officials in an effort to try and find an agreement between the world’s two largest economies over a future trading arrangement. Stock markets are up around the world so it appears there is hope of some progress being made. The only top-tier data from Monday came by way of an under-par ISM Non-Manufacturing PMI reading from the States with last month’s impressive 60.7 falling back to 57.6 providing further evidence that the US economy is starting to cool after a storming 2018.