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Realistbear

E C B Tries To Enlarge Rescue Package As Spain Wobbles

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http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8201223/ECB-urges-bigger-rescue-fund-as-bond-investors-punish-Spain.html

Financial Crisis
ECB urges bigger rescue fund as bond investors punish Spain
The European Central Bank urged Europe to increase the size and scope of its €750bn financial rescue fund ahead of a crucial leaders' summit this week as bond investors demanded higher interest rates to hold Spanish debt.

Now let's see, that would be a sell on the Euro nicht wahr?

Hmm, clicking, clicking, there it is: nope--make that a buy on the Euro. :blink:

$1.34147

£1.57948

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http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8201223/ECB-urges-bigger-rescue-fund-as-bond-investors-punish-Spain.html

Financial Crisis
ECB urges bigger rescue fund as bond investors punish Spain
The European Central Bank urged Europe to increase the size and scope of its €750bn financial rescue fund ahead of a crucial leaders' summit this week as bond investors demanded higher interest rates to hold Spanish debt.

Now let's see, that would be a sell on the Euro nicht wahr?

Hmm, clicking, clicking, there it is: nope--make that a buy on the Euro. :blink:

$1.34147

£1.57948

It's a topsy-turvy world right now, but eventually it'll all tip over the edge.

My money is on bailout ahoy, they will fight the dying of the light at all costs, whatever Merkel says.

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Now let's see, that would be a sell on the Euro nicht wahr?

Hmm, clicking, clicking, there it is: nope--make that a buy on the Euro. :blink:

$1.34147

£1.57948

Assume lack of moral hazard, and that is quite a rational, is it not?

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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