Germany’s Merkel: There will be consequences if Iran doesn’t uphold nuclear pact

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German Chancellor Angela Merkel recently crossed the wires saying that they have to do everything they can to solve the situation in Iran peacefully and added that there will be consequences if Iran doesn’t uphold the nuclear pact. 

Markets didn’t pay much attention to these headlines as stock markets continue to cheer the dovish shift in the European Central Bank’s tone. 

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