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  • Merkel: Recovery fund should give grants, no loans to member states

Added at 11:14am

Added at 11:15am

Added at 11:17am

  • Franco-German initiative for Europe's economic recovery after the corona crisis

    From bundeskanzlerin.de

    The current crisis cannot be compared to any crisis in the history of the European Union. No one, no job and no company is spared this global shock. As our societies and economies slowly find their way out of the severe restrictions of recent times, we continue to face extraordinary uncertainties. Our goal, however, is clear: Europe will face this crisis together and we will emerge from it stronger. It is the declared aim of our joint efforts to achieve a sustainable economic recovery for the European Union. We, Germany and France, are committed to our responsibility for the EU without any ifs and buts and we will ... (full story)

Added at 11:18am
German got sponsored by the EU?
  •  Guest
  • | IP XXX.XXX.83.148
Apparently...if not All 'member states' are in deep s**t...most many are.

'...We, Germany and France, are committed to our responsibility for the EU without any ifs and buts and we will ...'

Very noble!
Back to reality, let's see, wait to see how they will foot the bill.
It is open to interpretation how this gesture can up the EUR.

Time of writing @1.0910/11...will short EUR/USD.

Comments.
I wonder how all this is going to affect the NATO bills....hmmm
She wants it as grants...of course...they will get the most. it's their own money anyways
That is the only way and chance to keep their power ... Merkel and Macron.

they are loosing time and before the election they have to make more shit for thier own country to destroy patriotism.
Quoting fxsport
I wonder how all this is going to affect the NATO bills....hmmm
Not worthy of you mate..
Enough with this partisan political nonsense in the context of the challenges the whole world is experiencing
The US deploys 63,000 troops in Europe. The European nations deploy 1.5 million troops.
Russia deploys less than 1 million troops. Reality is that purpose most European US military establishments in Europe serve as link and support bases for US adventurism in middle East. Nothing to do with a European Defense commitment
Only Germany and France...so ridiculous, how about the other #EU nations
Russia is reliable and cheaper supplier of vital resources to western Europe.Why would Russia attack their best customers?It doesn't make sense.Yanks are full of BS.
  •  Guest
  • | IP XX.XXX.132.173
Anyone here long the S&P's??...What is causing this run up??...I'm SO confused...
Quoting Guest
Anyone here long the S&P's??...What is causing this run up??...I'm SO confused...
If I had to take a guess it's probably this.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-05-18 at 1.13.03 PM.png Size: 818 KB
  •  Guest
  • | IP XX.XXX.132.173
Many thanks,Momo...I was asking in jest,because I know exactly why it's going higher...Ross Edwards has been consistently bearish since the VERY bottom...Check his posts!! He is an ALMOST perfect contraindicator.
Quoting RossEdwards
{quote} Not worthy of you mate.. Enough with this partisan political nonsense in the context of the challenges the whole world is experiencing The US deploys 63,000 troops in Europe. The European nations deploy 1.5 million troops. Russia deploys less than 1 million troops. Reality is that purpose most European US military establishments in Europe serve as link and support bases for US adventurism in middle East. Nothing to do with a European Defense commitment
just remember who bailout Europe in the previous world wars...
Quoting Guest
Many thanks,Momo...I was asking in jest,because I know exactly why it's going higher...Ross Edwards has been consistently bearish since the VERY bottom...Check his posts!! He is an ALMOST perfect contraindicator.
There are tons of news floating around and it could be this or it could be the fact that EU is slowly opening again after lockdown. It could also be that shares are just trading with a big discount. Dont know. What matters is why I didnt catch that run. At least I didnt go short at any point so a zero day for me and I think I will stay on the sideline for the rest of the evening.
LONG EURUSD 1.1020
  •  Guest
  • | IP X.XXX.45.196
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  • Story Stats
  • Posted: May 18, 2020 11:13am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 14  /  Views: 7,114
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