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W.Schaeuble: debt talks won’t be over soon

FXStreet (Edinburgh) - German finmin W.Schaeuble slipped the possibility that the ongoing debt talks between Greece and its EU partners could take longer than previously estimated. Schaeuble’s appreciations came after Greece submitted a new list of reforms.

His pessimism on the debt talks was evidenced once again after he argued that any optimism on the negotiations is ‘not justified’.

EUR/USD rises sharply and erases intraday losses

EUR/USD briefly dropped below the 1.1100 level and hit a daily low of 1.1078 after Draghi said Eurozone growth disappointed, but quickly turned higher, erasing completely intraday losses.
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German 10-year Bund yield takes out May highs

The benchmark 10-year German yield has extended gains above the May highs to trade at 0.808%.
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