Fin min quoted from an interview with Passeuer Neue Presse published earlier
Out on the wires a short while ago and probably the reason for a quick 10 pip jump in EURUSD to 1.3172
On Draghi’s Jackson Hole speech suggesting that fiscal policy could play a greater role in promoting growth
I know Mario Draghi very well, I think he is being over interpreted
before adding that he respected the independence of the ECB president
What ? markets over reacting to something? Surely not. lol
Schaeuble added that he wasn’t pleased about comments made by France’s former econ min Montebourg on Germany’s “obsession” with austerity but said this was a domestic debate in France and consequences have now been drawn. i.e Montebourg got the elbow in the cabinet reshuffle
