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Germany’s Merkel: Danger of Brexit talks is that EU 27 do not deal with development of EU members

Reuters out with the following headlines from the German Chancellor Angela Merkel:

Companies may be helped in s-term by protectionism, not m-term

US exit from Paris climate pact doesn’t change arguments in favour of pact

Cannot jeopardise EU four freedoms for EU 27

Danger of Brexit talks is that EU 27 do not sufficiently deal with development of remaining EU members

Can think about Eurozone finmin if the framework is right

Can consider Eurozone budget if it helps tackle structural problems

Aiming to reach broad agreement on open markets at G20 summit

Will try but not easy with new US administration

SNB’s Jordan: Very low rates for a long time could have negative consequences

The Swiss National Bank (SNB) Chairman Thomas Jordan is on the wires now, delivering opening remarks at the Swiss International Finance Forum, in Bern
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USD/CHF upside corrective near term – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, USD/CHF remains upside corrective in the short term. Key Quotes “The market
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