The time for deciding ECB candidacy is not here yet, Merkel says, adding that Weber’s resignation took here aback.She hopes to have a German candidate later in the process.
Her choice to head the Bundesbank, Herr Weidmann is unlikely to get the nod given his young age and relative inexperience.
Bailed out states must pay relatively high rates on aid, the Chancellor said.
EUR/USD jumped as high as the 1.3560 level on the news of Iranian ships moving toward Syria for the first time in years.
Israel’s foreign minster is quoted as saying that it cannot ignore these provocations forever.
The market must have gotten caught short and reverted to cover first, ask questions later mode.
Oil Price are surging, up well over a dollar on the geopolitical news.
Unless you have a strong view, it is not a bad time to move to the sidelines and let the dust settle…