Published at 05:28 (GMT) 19 Jan
Kathimerini: Syriza leader Alexis Tsipras has seized on comments by Irish Finance Minister Michael Noonan as evidence that not just "progressive economists and the European Left" are coming round to his party's argument that EU needs to hold a meeting to discuss how to reduce the debt of some of its members, including Greece.
"In all of Europe, only Mr Samaras called this nonsene," wrote Tsipras in Sunday's Kathimerini. Irish Times reported on Noonan told Irish ambassadors and civil servants he "would not be dismissive" of a European debt conference being held as long as the issue of Irish, Spanish and Portuguese debt could be discussed.
WSJ: A survey published Sunday in newspaper To Vima shows antiausterity party Syriza's lead over the ruling New Democracy widening slightly to 3.1% from 2.5% a week earlier—the first time it has widened its lead since November.
On FX, focus on this Sunday's Jan 25 Greek general elections. With Syriza leading in polls. Good to watch closely, given concerns over Grexit, renegotiation of bailout terms. With the election just 3 days after key ECB Jan 22 meeting.
EUR/USD at 1.1553-55, interest to sell on rallies to 1.16, after the it dipped to 11-year lows of 1.1460 on Friday. Lowest level since Nov 11 2003 1.1443. Bids at 1.15 lows, stops below.
EUR/JPY at 135,30-35, offers at 135.50/135.80-00. Eye 3-month lows of 134.80-85 seen on Friday, lowest since Oct 16 2014 134.09. Support now at 135.00, stops below 134.80. Offers 135.80-00. Cross/JPY weighed by fall in China stocks, levels seen around -6.1%. WL
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