Chancellor Merkel was hitting the wires: "Absolutely no doubt' good Brexit conclusion possible"

Germany Chancellor Merkel was hitting the wires and she said that UK PM May’s Brexit stance insufficient at this point 

  • Merkel: "Absolutely no doubt' good Brexit conclusion possible"
  • Merkel: “Zero indication” that Brexit talks won’t succeed"
  • Times reports: "David Davis draws up plans for no deal on Brexit talks. Mr Davis described leaving the EU without a deal as a very distant possibility.  However, as the Time's reported, he said that the government was preparing for 'no-deal' as an insurance policy and added that it did not intend to pursue the option. Whitehall sources said that Mr Davis was not going to accentuate the positives of a no-deal scenario unnecessarily in his presentation to the cabinet." 
     

Australia's September CPI in focus - Westpac

Analysts at Westpac explained that the key economic event next week will be the release of the September quarter Consumer Price Index. Key Quotes: "
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AUD/USD: to remain consolidated between 0.7800/0.7900- Westpac

Analysts at Westpac offered their outlook for the Aussie dollar. Key Quotes: "AUD/USD 1 day: Expected to continue consolidating in a 0.7800-0.7900 r
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