Spanish econ min on the wires
- hopes that common sense will return
Return? Was it ever there to start with?
- Spain's economic situation is its main defence against potential contagion from Greece
- Spanish growth still seen close to 4% in 2015
- calls for Greece to return to negotiatons
Meanwhile the EU commission says there will be no new proposals for Greek deal today despite earlier claims by Moscovici that Juncker would announce next steps today
EURUSD 1.1091 EURGBP 0.7064 EUJPY 136.30
How you liking your volatility so far ?
Euro bears who sold near the lows taking an early bashing as previous shorts rush to snaffle back some profit