EUR spikes 60 pips in afternoon session - rumor about Bundesbank

Bundesbank´s Weidmann invited to Berlin for assessment of Eurozone situation?

 

What situation? Structural problems are not situations. They are either morons or they are enjoying the ride to hell.

 

Maybe it's both.

 

They'll attempt to talk the market up. Waiting for Sarkozy and Merkel to start blowing each other on the wires. They can't let this go on another 24h w/o stating that, "unlimited funds will fight this problem" or words to that effect.

DB will require a bailout by March 2012.

 

If not sooner.

I read somewhere about them being levered like 44 times?

 

Let's start taking calls on what time today's market propping rumor will be
Ill go ahead and say by 1:30 someone from euroland will make a hollow statement filled with hopium that will allow the market to rally.

 

Hopium, ha. I'll think they'll wait out the NY close high on hopium and wait for the EU day-session tomorrow, but you may be right.