The UK is offering €20 billion as divorce settlement while Brussels continues to demand a financial payment which could be as high as €60 billion. Round six of negotiations began on Thursday is likely to keep focussing on the financial commitments, the future of British and EU citizens living abroad in the face of probable immigration changes, and the status of the border between EU member Republic of Ireland and Northern Ireland.
UK Brexit Secretary David Davis insisted that steady progress has been made behind the scenes, and reiterated his country’s commitment to "safeguarding the rights of EU citizens" living in the UK after it leaves the currency bloc.
Elsewhere, Prime Minister Theresa May will repeat her demand for a two-year Brexit transition period when she interacts with European business chiefs on Monday per an official release.
After a sharp dip on Thursday, FTSE 100 futures have bounced modestly to around 7475 in early Friday trade.