Pound jumps on the headlines
Brexit negotiators are said to close to the draft of a legal text on a Brexit deal. However the draft is dependent on getting support from the DUP and after a tough meeting yesterday, that's not a given.
Bloomberg cites two people "with knowledge of the talks."
The pound jumped to the high of the day on the headline, up to 1.2737 from 1.2671.
I worry that this one is algo-driven. There have been similar reports today, including from the FT suggesting that a draft could come as soon as tomorrow.
