Where's this $70m supposed to be coming from???
Things are looking more and more unstable in the Euro zone. German 10 year bonds have fallen below 0% for the first time in history!
Ambrose Evans-Pritchard last night said:
"German 10-year bond yields have fallen below zero for the time in history as Brexit fears send investors scurrying into safe-havens, and Europe slides deeper into the psychological trap of deflation."
"Safe-havens" Ambrose said.
And this ...
"Mr Owen said the likely scenario if there is a vote to leave is that sterling will fall sharply. The euro may follow suit later as the full implications for the eurozone itself start to come into focus. The enormity of what could soon happen is only just beginning to sink in. "
Western offtakes are awesome though huh?
http://www.wsj.com/articles/german-...elds-dip-below-zero-for-first-time-1465889491
Overcapped in light of all the uncertainty in my opinion
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