German fin min still speaking in Davos 19 Jan

  • Germany will do best to make relationship between EU and Britain as close as possible
  • will remind Britain that one should not cut corp tax rates for competitive advantage

What Mr Happy giveth with one hand he's invariably quick to grab back with the other.

Other comments from the WEF :

  • Turkish dep PM Simsek says further USD strength, as signals suggest, would be "bad news" for EMs

Meanwhile EURUSD steady around 1.0655 as is GBPUSD at 1.2320 but USDJPY making a rally attempt at 114.73 from 114.40 lows.