Oh the weather outside is frightful, but the fire is so delightful…
** Wishing you and yours a happy, peaceful and hearty Christmas! **
* Merkel apparently told last week’s EU summit that “We discussed whether Greece should leave the euro and I believe,
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Read more* China money market rates climb, PBOC forced to inject liquidity, but we are still far from June’s panic
BBRG: China’s Stocks Extend Slump in Longest Losing Streak Since 1994 {fifw NSN MY3GUX6JIJWA <go>
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Read more* Big surprise of the new German govt is that Asmussen leaves the ECB to take up position as deputy Labour minister, 6 years before his term was due to end.
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Read moreNo sign of a Christmas break yet, with all eyes on the Fed meeting next Weds. With a US budget deal and talk of Fischer as Fed Vice-Chair, the taper talk is back on the table.
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Read more* Budget agreement reached in the US but it doesn’t raise the debt ceiling, which still needs to be addressed next Spring http://politi.co/1aUk20W http://wapo.st/1dp7Pob
* Vote today on “publicity-shy French woman” [Bloomberg description!] Daniele Nouy becoming Chief Supervisor as ECB takes on oversight of euro-area banks {FIFW NSN MXLW1E6KLVSW <go>
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