“I can say first of all that prime minister May and I discussed yesterday a lot of issues, including the legal and procedural context of a potential extension”, the President of the European Council Donald Tusk said in a news conference.
This has given the remainers’ camp some encouragement about a possible renegotiation of either a better trade deal or even a new referendum vote. At the same time, such an extension would not sit well with Theresa May and her cabinet's already shaken trust that the PM can deliver a stable Brexit deal.
Meanwhile, the UK100 index is once again trading just above the 7170 support level, and the price consolidation is creating a volatility bubble.
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