German Chancellor Merkel: future EU-UK relationship cannot be as close as it is now

The German Chancellor, Angela Merkel is out on the wires saying that future EU-UK relationship cannot be as close as it is now.

Key quotes:

   •  Wants friendly relationship with UK post-Brexit
   •  Wants ‘deep, detailed’ free trade accord with UK
   •  We believe US tariffs are against the law 
   •  We are prepared, if necessary, to take countermeasures against US tariffs

Russia Unemployment Rate registered at 5%, below expectations (5.2%) in February

Russia Unemployment Rate registered at 5%, below expectations (5.2%) in February
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GBP/USD eases from tops, around mid-1.4000s as focus shifts to FOMC

   •  Upbeat UK wage growth data increases near-term BoE rate hike prospects.    •  FOMC/BoE monetary policy update should help determine the near-te
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