Although it is hard to tell, I get the feeling that the UK and EU are struggling to reach a last minute deal.
The UK leaving the EU without a deal would be messy and almost certainly not good for the UK or the EU. No doubt we will find out more this week. Likewise, further delay cannot be good.
UPDATE 1244z: The UK pound has been falling all morning. I guess the markets are scared of a no-deal this week.
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