64, market statistics don't tell the full story about what is...

  1. 5,331 Posts.

    64, market statistics don't tell the full story about what is going on in Germany at the moment, talking to my relatives there is a ground swell of resentment growing about the fact they(Germany) have to continue bailing out the rest of Europe, one thing you can guarantee and that is Germany will always act in a way that gives them the best long term benefits.

    looks like Papandreou has lost support of his party and he could be gone as Greek PM within 2-3 hours, the big unknown is who if anyone will step up or will an election be triggered and uncertainty be drawn out for longer.

    european markets improving as well as US futures and EUR/AUD.
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