GBP up on Brexit optimism, AUD on no change in RBA bias; US PPI

Thursday, 11/04/2019 | 07:18 GMT

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The EU summit agreed to extend Brexit until the end of October in an apparent concession to French PM Macron – other EU heads had apparently wanted to extend it a full year. Whichever, the UK can leave as soon as they agree on the terms. I say: don’t hold your breath. I’m not sure what they can agree on in the next six months that they haven’t been able to agree on over the last two years. I fully expect that come October, we’ll be in the exact same place.

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Source: https://www.exclusivecapital.com/gbp-up-on-brexit-optimism-aud-on-no-change-in-rba-bias-us-ppi/

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