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Watch Live: EU's Tusk/Junker and PM May joint Presser underway: EU decided to grant a flexible extension (Tusk)

It's just after 0200AM in Brussels, and EU's Tusk / Junker and PM May are conducting a Live Presser following the EU agreeing to an extension of Article 50 until 31st Oct - A Haloween Brexit (a flexible Brexit date to offer the potential for Withdrawl Agreement to pass).

Watch Live here:

 

Key comments so far:

Tusk:

  • The course of action UK's hands.
  • UK will have the ability to cancel Article 50 altogether.
  • Message to British friends - as flexible as I expected and shorter than I expected
  • Its enough to find best possible solution.
  • Please don't waste this time.

More to come...form other speakers

This buys the UK's PM May time, but can May pull this off? There is plenty of scepticism considering how poorly talks are going between PM May's Conservative Brexit Cabinet and Jeremy Corbyn's party. 

 

 

 

 

 

 

AUD/NZD near 11-week high after New Zealand FPI, Australia/China data, RBA’s Debelle in focus

AUD/NZD traders await China CPI and Aussie catalysts to validate the pullback past-New Zealand FPI release.
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Watch Live: EU's Tusk/Junker and PM May joint Presser underway: It's all Brexit, Brexit, Brexit - (Junker sounds fed up!)

It's just after 0200AM in Brussels, and EU's Tusk / Junker and PM May are speaking in a Live Presser following the EU agreeing to an extension of Arti
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