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Stock market in the U.S. was boosted by robust earnings reports and optimism about Greek developments. Better than expected quarterly results from Halliburton and Morgan Stanley which came out before the open bell Monday also backed the market...
EU officials have announced that the bridge financing has been sent to Athens today, following several days of work by Brussels officials...
On Monday the rout in commodities deepened with prices approaching the lowest close since 2002 as the prospect of higher U.S. interest rates sent gold to a multi-year trough...
On Monday Cable was almost unchanged with the pound slightly lower against a stronger greenback. Expectations for soon rate hikes in the U.S. and the U.K. buoy the both currencies...
Monday marked a ninth straight session of gaining for European stocks which were driven by the Greek relief, as the cash-strapped country is now expected to repay loans to creditors...
Below are listed the most important events which will likely influence the market sentiment this week...
Gold dropped 2.4% Monday as upbeat economic data spurred fresh expectations that the Fed was on track to raise short-term interest rates later in the year...
Greek banks reopened Monday after a three-week shutdown. However, investors remained cautious over the finalizing of the bailout, which sent EUR/USD to two-month lows. Meanwhile, gold has hit a five-year low with investors weighing the possibility of higher interest rates in the U.S...
On Friday the greenback saw a rise versus rivals after the release of positive U.S. inflation and housing data which added to expectations for the Fed rate hike in the near future...