BOS gov Linde on Bbg

Extending this Thursday perhaps? We'll know soon enough

Euro doesn't think so today though and is in rampant form as equity markets extend losses

EURUSD now triggered stops through 1.1350-55 to post 1.1365 lifting EURGBP up through 0.7335 and capping cable

  • EZ inflation trend is somewhat worrying
  • Spain well positioned to deal with external risks
  • Spain must not risk breaching fiscal consolidation path