The SPD party out reiterating their position 20 Nov
- not worried about a new election
Nothing we didn't know but if new elections are the outcome a reminder that this gives the far right tendency another crack at gaining more seats.
As we wait on Merkel's meeting with president Steinmeier shortly and subsequent presser at 13.30 GMT here's a reminder of the current state of play.
EURUSD trawling around 1.1780 with EURGBP still underpinned around 0.8900 and helping to push cable back lower again to 1.3240 having failed at 1.3280 which has proven a decent line the sand previously.