BoE's Broadbent: Thinks reaching a Brexit deal is still the most likely outcome

Adding to his earlier comments, the BoE Deputy Governor Ben Broadbent was further noted saying that Brexit transition period is most crucial for central bank outlook.

Additional quotes:

   •  Thinks reaching a Brexit deal is still the most likely outcome.
   •  A fair amount of uncertainty would disappear with a Brexit transition deal, some investment would come back.
   •  Surveys of business investment are as important as the official data - which comes out with a lag.
   •  Either having a Brexit deal or not, is not definitive in terms of setting interest rates.
   •  The Brexit outcome could mean rates go up or down. 
   •  Sterling presumably would be stronger in the event of a good Brexit deal.
   •  If we leave without a deal, likely the currency would fall.

GBP/JPY Technical Analysis: Set up points to an extension of the bearish trend

   •  After filling the weekly bearish gap, the cross met with some fresh supply near the very important 200-day SMA and tumbled to over one-week lows
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ECB's de Guindos: Still on course for ECB policy normalization

Headlines continue to pour in from a keynote speech by ECB Vice President Luis de Guindos, this time saying that external demand is the main factor be
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