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German Chancellor Merkel: October deadline gives best chance for orderly Brexit

Reuters reports the latest comments delivered by the German Chancellor Angela Merkel to a news conference after the meeting of EU leaders.

Key Quotes (via Reuters):

“We looked at the matter and decided to shift the date to October. We want an orderly exit of Great Britain and an orderly exit of Great Britain can be best ensured if we give it some time.”

“The decisive point was when will the British parliament consent to the withdrawal agreement and we made it clear that that exit agreement applies and will not be changed.”

ECB signals it is ready and able to act – ABN AMRO

According to analysts at ABN AMRO, ECB President Mario Draghi went out of his way in yesterday’s press conference to stress that the Governing Council
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EUR/USD: ECB failed to drag it down – Danske Bank

Allan von Mehren, chief analyst at Danske Bank, notes that the Draghi’s emphasis on ECB’s willingness to meet its inflation target failed to send EUR/
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