Initially, markets will be watching closely to see whether Spain and Italy look to tap the new IMF lending facility. Such a move would be likely to boost market confidence temporarily and push the Euro higher again, but it will be extremely difficult to find durable relief. Indeed, this could prove to be the week of no return for the current Euro structure, especially if markets don't buy into an IMF rescue. The Euro-zone plummet towards a break-up is continuing to accelerate and without a new course of action extremely quickly it will certainly be too late to pull out of dive, especially with necrosis threatening to ... (full story)