There continues to be a theme of Brexit tensions in the markets as the E.U. summit to discuss a deal takes place today. President Trump also continued his theme of criticizing the Fed Tuesday, ahead of the FOMC meeting minutes release later today. And Saudi Arabia faces more pressure to resolve the case of a missing journalist as economist and business leaders pull out of an investment conference hosted by the crown prince.

Bounded by Brexit

The markets are anticipating today’s E.U. Brexit conference, which will give more indication on whether a deal can be made by the U.K.’s March 2019 exit.

Ahead of the meeting, European Council President Donald Tusk said he had no optimism that a deal would be found during the summit.

The GBP/USD pair took a tumble Wednesday morning off of mixed consumer price index data out of the U.K. The headline reading fell short of expectations of 2.8%, coming out at 2.4% YoY instead. Core CPI for September hit 1.9%, compared to the 1.8% estimated.

GBP/USD is hovering around 1.311 ahead of any news out of the summit. Theresa May will speak at 7 p.m. local time in Brussels.

Since Brexit is increasingly becoming a priority for the European Council, there’s a chance it could get another summit in November.

Trump takes another swipe at the Fed

President Trump, in an interview released by Fox Business on Tuesday, said that the Fed is his “biggest threat.”

“I’m not happy with what he is doing,” Trump said about Fed Chairman Jerome Powell, adding that the rate increases are “too fast” for the “very low” inflation numbers.

Trump’s latest comments come before the FOMC meeting minutes released later today. There’s little chance that the minutes will address any of the recent Trump outcry.

The EUR/USD pair is down around 1.153 after starting the day closer to 1.157.

CPI numbers for the Eurozone were also mixed, with core CPI hitting 0.9% growth compared to 1% expected. The headline figure hit estimates of 2.1%.

Saudis under fire as Lagarde pulls out of conference

Saudi Arabia is facing increasing pressure from global leaders to quickly figure out what happened to journalist Jamal Khashoggi after he entered a Saudi consulate in Turkey and then disappeared.

Crown Prince Mohammed bin Salman Al Saud was organizing an investment conference later this month being dubbed “Davos in the desert.” However, leaders have canceled their trips as questions mount about how much the crown prince knows about Khashoggi’s disappearance.

The International Monetary Fund’s Christine Lagarde is the most recent to “defer” her scheduled trip, joining JP Morgan Chase & Co.’s Jamie Dimon and Credit Suisse Group AG Chief Executive Officer Tidjane Thiam.