Breaking News: EU sources: This week's summit may not produce Brexit breakthrough

FXStreet Team FXStreet

Reuters cites unnamed European Union diplomats, as saying that this week´s EU Brexit Summit may not produce a Brexit breakthrough.

Key Headlines:

EU-Britain deal not reached over the weekend because Britain wants the UK-wide EU customs deal; EU does not agree to prejudge future EU-UK trade ties that way.

"Keep calm and carry on", ready to restart talks when things settle in London; political endorsement lacking in Britain now for Northern Ireland backstop.

France among EU states now wanting to stress the need for no-deal preparations; others urge softer tone as still need to find Brexit deal.

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