Comments by the German government spokesperson

Brexit
  • There is only little time left to reach a Brexit deal
  • But Germany is convinced it is still possible
  • But UK must make concessions for a deal to happen

Different day, same story. Both sides are still pushing for each other to move their red lines but until we move closer to deadline day, the pressure is yet to be truly felt.

In any case, the specter of a no-deal Brexit is continuing to weigh on the pound on the session with cable falling by over 130 pips in a 1% fall to 1.3145.