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German govt focused on Magna’s Opel bid

Reuters:

German Chancellor Angela Merkel said her government is committed to its negotiating stance over carmaker Opel, which has strongly favored auto parts maker Magna’s (MGa.TO) bid, a newspaper reported.

“There is a (negotiating) line that has been agreed at ministerial level, and that for me is the determining factor,” Merkel was quoted as telling financial daily Handelsblatt.

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May
22
Today’s Global
Market Events
6:15am

USD
FOMC Member Lockhart Speaks
10:00am

EUR
Consumer Confidence
-20 vs. -20
USD
Existing Home Sales
4.64M vs. 4.48M
USD
Richmond Manufacturing Index
12 vs. 14
7:50pm

JPY
Trade Balance
-0.60T vs. -0.62T
8:00pm

AUD
CB Leading Index m/m
0.0%
8:30pm

AUD
MI Leading Index m/m
0.2%
Tentative

JPY
Monetary Policy Statement
JPY
Overnight Call Rate
0.10% vs. 0.10%