Euro and Risk Volatility Extended by Vocal EU Summit
The EU Summit isn't disappointed as a fundamental driver. Through the first day of discussions, heavy conflict was noted between conservative Germany and the more accomodative trio of Italy, Spain and France. Progress was made with the announcement on programs like a €120 billion growth pact. But, are long-term programs like an economic support fund enough to curb immediate crisis concerns? The debate continues into the final 24 hours and traders are on edge as volatility prevails.
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