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Official: Merkel comments on Eurozone reform show move - Reuters

Reuters quoted a French government official, as saying that the German Chancellor Merkel offered clarity in an interview on Sunday about Germany’s stance on a number of issues, such as the Eurozone’s bailout mechanism, Eurozone investment budget, defense and asylum policy.

The official said: “It is a positive move which testifies to the European commitment of the chancellor and of her government. The strategy of working together is the only way to strengthen the Eurozone and the European Union.”

Merkel and Macron will meet together with their top ministers at the Meseberg palace outside Berlin on June 19 to finalize a joint roadmap for reform of the Eurozone. 

USD/JPY Technical Analysis: Potential double top on the short duration chart

15-minute chart Spot Rate: 109.62 Daily High: 109.77 Daily Low: 109.45 Trend: Bearish Resistance R1: 109.77 (session high) R2: 110.17 (200-da
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Australia Q1 wages up 0.8 percent to a record A$135.5 billion

Australian firms paid out a recordA$135.5 billion ($103 billion) in wages and salaries in the March quarter, representing a 0.8 percent rise quarter-o
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