European Stability Mechanism boss Regling speaking a short while ago 9 Dec

  • ESM not approached by Italian govt on banks
  • Italy far from a countrywide problem
  • European banks are stronger now than they were 8 years ago
  • Europe must still strengthen its banking sector

Crisis , what crisis?

Meanwhile EURUSD still contained by large option expiries. EURGBP drifting lower sending GBPUSD higher to test 1.2600-10 offers.

ESM's Regling - No bailout plans for Italian banks