No deal Brexit not disastrous for UK, says think tank
Exiting the common market without striking a deal will not be disastrous for the UK economy if the country goes for free trade with the rest of the world, according to a new study by the Institute of Economic Affairs. Lifting import barriers will allow the UK to achieve increased productivity, higher wages and lower consumer prices, the think thank said. (Guardian)

ECB warns strong euro could delay QE tapering
The euro fell 1% against the US dollar after the European Central Bank warned that the sharp appreciation in the bloc’s currency – up 10% against the greenback since May - could dent economic growth, and will force the ECB to defer imminent plans to unwind its stimulus programme. (Times)