strong message from industry and the German economy. With IFO rising well above forecasts, we had a further boost for EURO, BONDS, and risk appetite.
Additional factors supporting the current financial sense, the phase of intensification in the negotiations for the establishment of the fund-saving state, the nationalization, even if temporary, of Savings Banks in Spain. All of these factors to reduce, at least at this stage, excessive fears and worries about debts, sovereign in particular. So with the rise in the propensity risk benefits to the euro at the expense of the dollar, which has triggered the need to hedge positions against this current movement. JPN
From the central bank for the first time in many months, in its monthly report, by the positive indications on the state of its economy, with forecasts for improvement, thanks to strong support from exports in Asia. This week we will have several basic data and key meetings.
