Markets are not reflecting the risk of euro zone break-up – ECB’s Constancio

Vitor Constancio, Vice President of the European Central Bank, said on Thursday that market prices seem not to be reflecting risks of a break-up in the euro zone.

Constancio added that All National Central Banks Can Do More In Bond Lending To Support Repo Market.

Regarding the italian bond markets, he noted that Italian Yields are Still Very Low Even After Rise Due To Concerns About Referendum.

USDCAD holding above retracement pivot at 1.3439 – RBC CM

Adam Cole, Research Analyst at RBC Capital Markets, suggests that the USD/CAD has held above their retracement pivot at 1.3439 after a move higher in
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USD/RUB back to positive ground near 64.50

After bottoming out in the 64.30 region, USD/RUB has managed to pick some pace and is now testing the 64.45/50 band. USD/RUB focus on OPEC, USD The
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