According to Volker Kauder, parliamentary chairman of the Christian Democrats, the German governments’ rescue package for the country’s financial system could amount to about 400 bln euros. Chancellor Merkels’ cabinet will hold a special meeting early this afternoon to approve Germany’s plan and then Finance Minister Steinbrueck will outline details of the package at 3.30 pm in Berlin. Meanwhile in the forex markets the relief rally seems to have stalled a little for now. In very quiet trade, EUR/USD and EUR/JPY stand at 1.3635 and 137.10 respectively.