Merkel and Schäuble Warning Shot at Draghi...

N

Nighthawk

Germany´s Spiegel is reporting that Merkel and Schäuble called Draghi and asked for an explanation for his comments in Jackson Hole:

http://www.spiegel.de/politik/deuts...dert-mehr-investitionsprogramme-a-989009.html

Happens not often that Merkel and Schäuble call Draghi. A warning shot de luxe...

The article ends in Merkel and Schäuble confirming austerity policies still valid.

Conclusion: Forget about QE from ECB for the time being. Germany is against it. Look for EUR/USD gap opening.
 
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