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26 Jun 2015
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Greek Fears Grow

Prime Minister, David Cameron yesterday secured an agreement for technical talks between the UK and European Union officials over the next six months on reforms and fundamental changes, ahead of a referendum to be held by the end of the 2017. In the absence of any significant domestic economic indicators today, a speech by the BoE Governor Mark Carney will be in the limelight. Meanwhile, Greece is heading closer to defaulting on its payment to the IMF next week after yesterday’s meeting of Euro group officials ended again with no agreement. The creditors have called for a weekend meeting to avert a debt default. The Reuters/Michigan consumer sentiment data will attract some market attention in the US.
26 Jun 2015
Share

Greek Fears Grow

Prime Minister, David Cameron yesterday secured an agreement for technical talks between the UK and European Union officials over the next six months on reforms and fundamental changes, ahead of a referendum to be held by the end of the 2017. In the absence of any significant domestic economic indicators today, a speech by the BoE Governor Mark Carney will be in the limelight. Meanwhile, Greece is heading closer to defaulting on its payment to the IMF next week after yesterday’s meeting of Euro group officials ended again with no agreement. The creditors have called for a weekend meeting to avert a debt default. The Reuters/Michigan consumer sentiment data will attract some market attention in the US.