Further comments by German chancellor Merkel in parliament

  • Europe's fate could be determined by migration issue
  • If there is no agreement of EU28 members on migration policy, must consider coaliation of the willing

She still doesn't sound too optimistic and rightfully so I believe. It's hard to imagine how they can accelerate something like this to get to the end point and find a common ground that satisfies all other nations involved in only a matter of what... three meetings?

The euro is bouncing back up from the day's lows though as the dollar gives up gains on the day. EUR/USD up to 1.1563 now with cable also back up to 1.3094.