German finance ministry spokesman out on the wires 8 May
- no time should be lost in supporting France to implement economic reforms and strengthen role in Europe
Concerns about an ineffective French president perhaps ? French parliamentary elections on 11 and 18 June and Macron will be hoping his party can get some kind of foot-hold
Either way some dip-demand being noted for the moment after decent retreat.
EURUSD 1.0943 EURGBP 0.8443 EURJPY 123.08
- German govt continues to oppose introduction of joint Eurobonds
Meanwhile outgoing president Hollande says the handover to Macron will be on 14 May