UK’s Davis: Aiming to set up arrangements so new European laws do not harm UK

The UK Brexit Minister David Davis is out on the wires now, via Reuters, noting that, “During implementation period we will be aiming to set up arrangements so any new European laws do not harm the UK".

Meanwhile, GBP/USD faded a knee-jerk spike to 1.4274 and fell back below the midpoint of the 1.42 handle, following the release of dismal UK manufacturing PMI release.