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Germany’s economy minister, Peter Altmaier, recently crossed wires. The closed aide to the German Chancellor Angela Merkel pushed for more Brexit clarity. Earlier during the day, The UK Telegraph ran a story that the French government demands prompt “yes or no” from Britain as calls for turning down another Brexit extension grow.

Key quotes

“We need more clarity on Brexit soon.”

More to come”¦

FX implication

While GBP/USD stays under pressure around 1.2900 by the press time, no immediate reaction to the news could be witnessed.