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German President Steinmeier: Parties should reconsider coalition

In a scheduled statement, the German President Frank-Walter Steinmeier said that the country faces unparalleled situation in history and parties should reconsider willingness to form government to avoid fresh election.

Key quotes:

   •  Will hold talks with some parties on coalition
   •  German parties shouldn't return mandate to voters

Gold bounces off lows, still in red below $1295

   •  Remains near one-month highs.    •  Modest USD strength capping gains.    •  Fading safe-haven demand creates additional headwind. Gold rever
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Draghi Speech: Economic expansion remains solid and broad-based in the euro area

The European Central Bank's President Mario Draghi is delivering his prepared remarks at ECON Hearing of European Parliament in Brussels, Belgium, wit
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