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Germany: SPD under increasing pressure to start coalition talks - ANZ

In Germany, the SPD is under increasing pressure to start coalition talks with Merkel’s CDU, points out the research team at ANZ.

Key Quotes

“The two parties are trying to avoid early elections; while a minority government is proving to be an unpopular option. While headlines may drive some volatility, implications for the broader euro area are few; and – more importantly – growth is too strong for Germany to affect sentiment towards the euro.”

EUR: Supported by multitude of factors - BBH

The euro is edging higher to trade at its best levels since the middle of last month and is drawing closer to the $1.1880 area, which if overcome, cou
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BoJ: Reduction in the number of long bonds - BBH

The Bank of Japan reduced the number of long bonds (25 years-plus) by JPY10 bln to JPY90 bln and is the first reduction since March, notes the researc
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