The weekend news starts with Brussels rejecting the UK’s proposals on how to govern the City of London’s access to the European market after Brexit – as reported in the last few hours by Jim Brunsden, Editor at FT in Brussels. “Theresa May’s latest financial services plan would rob the EU of its “decision-making autonomy”, Michel Barnier, the EU’s chief Brexit negotiator said. “European affairs ministers on Friday that the British prime minister’s vision for the City’s future relationship with the EU would violate the principle that access rights to the bloc’s financial services market are a gift from Brussels that can be freely withdrawn. His remarks were a rebuff to the UK government “” which published its white paper this month on Britain’s future relations with the EU “” and highlight the many conflicts between the two sides despite a more conciliatory tone over the Northern Ireland border issue at the same meeting,” – Jim Brunsden at the FT wrote earlier today. Trae war risk will remain a theme for time to come Elsewhere, the finance ministers and central bankers from the G20 met over the weekend and while there were not any takeaways that might affect opening prices this week, TEU’s Pierre Moscovici said there are still differences of position on trade and tensions remain, even after the G20 finance ministers and central banker talks over the weekend: The final communique headlines say that “short- and medium-term risks to growth have increased, including heightened trade and geopolitical tensions”. Also, “Exchange rate commitments made in the March statement to avoid competitive devaluations and refrain from targeting exchange rates for competitive advantage”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD stumbles out of the gate as EU leaders reject Brexit proposals FX Street 5 years The weekend news starts with Brussels rejecting the UK's proposals on how to govern the City of London's access to the European market after Brexit - as reported in the last few hours by Jim Brunsden, Editor at FT in Brussels. "Theresa May's latest financial services plan would rob the EU of its "decision-making autonomy", Michel Barnier, the EU's chief Brexit negotiator said. "European affairs ministers on Friday that the British prime minister's vision for the City's future relationship with the EU would violate the principle that access rights to the bloc's financial services market are a gift from… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.