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News that German coalition talks had.......>

EURO-YEN
EURO-YEN: News that German coalition talks had collapsed saw broad euro based
supply overnight, the cross slipped from Y132.33 to Y131.17 before dip buyers
cushioned falls. Recovery efforts faded ahead of Y131.85 to hold either side of
Y131.50 for the balance of the session. Downside support remains at Y131.24/17
(100-dma, Asia low).
* On the calendar today at 1145GMT ECB Governing Council member Ewald Nowotny
will participate at conference of European Economic Integration 2017, in Vienna.
* ECB Executive Board member Sabine Lautenschlaeger will deliver a keynote
speech at IIF European CRO Forum, in Frankfurt at 1215GMT.
* ECB President Mario Draghi will give an introductory statement at ECON Hearing
of European Parliament, in Brussels at 1400GMT.
* At 1415GMT ECB Vice President Vitor Constancio will chair a policy panel
"Fiscal and Financial Union: Complements or Substitutes?" at ECB conference
"Public Debt, Fiscal Policy at EMU Deepening" in Frankfurt.
* Finally, ECB President Mario Draghi will speak in his capacity as ESRB Chair
at ECON Hearings of European Parliament, in Brussels at 1600GMT.

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