BUBA boss and ECB gov council member Weidmann still at it and now talking to BBG 23 Feb
- open markets are all in our interest
- believes Eurozone upswing will continue
- Frankfurt an attractive place for banks
- banks will relocate all over Eurozone on Brexit
A little pitch for London based banks to come knocking on his door.
- BUBA losses depend on interest rate path
- BUBA provision is taking a conservative approach
- Germany will cope with the next French govt
Yep like they've always done. Cope being the operative word.
Meanwhile euro still trying to make its mind up at 1.0568, 0.8455 and 119.20
