Analysts at TD Securities note that this morning’s UK CPI report was a touch weaker than expected, with headline CPI at 1.7% YoY (Mkt 1.8%), although in line with the BoE’s forecast from the August IR. Key Quotes “Core CPI was in line with consensus though at 1.7% y/y.” “Brexit developments are, of course, the main driver of the day. While last night held reports that a draft deal could be presented this morning, talks reportedly broke down at around 10am BST.” “Bloomberg reported that the negotiations collapsed amid DUP resistance to the deal, and that the EU now sees a Brexit deal as impossible unless the UK shifts its position further. While this doesn’t mean that a deal before the end of the month is impossible, it does mean that having a deal before tomorrows’ EU Leaders’ Summit begins is now essentially off the table (barring a miraculous turnaround). This means that the Benn Act comes into play this weekend, with PM Johnson mandated to write a letter to the EU, requesting an Article 50 extension.” 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 Canada: Annual inflation stayed unchanged at 1.9% in September vs. 2.1% expected FX Street 4 years Analysts at TD Securities note that this morning's UK CPI report was a touch weaker than expected, with headline CPI at 1.7% YoY (Mkt 1.8%), although in line with the BoE's forecast from the August IR. Key Quotes "Core CPI was in line with consensus though at 1.7% y/y." "Brexit developments are, of course, the main driver of the day. While last night held reports that a draft deal could be presented this morning, talks reportedly broke down at around 10am BST." "Bloomberg reported that the negotiations collapsed amid DUP resistance to the deal, and that the EU now sees… 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.
