German economic minister still up to the mic 31 Jan
- German economy can withstand euro volatility
- latest Trump speech doesn't indicate new trade resticitions
- oil prices and demographic change contribute to wide trade surplus
- France and Germany don't want a race to the bottom on tax in response to US reforms
- US tax reform has a mixed impact on German companies
- Europe needs a unified corp tax system
Euro suitably unfazed by any of it with EURUSD still tightly bound by option expiry interest and EURJPY capping at 135.50 still but EURGBP a tad higher again at 0.8805
