Thursday 25th June: European Open Briefing

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Global Markets:

  • Asian stock markets: Nikkei down 0.15 %, Shanghai Composite gained 0.30 %, Hang Seng fell 0.50 %, ASX down 0.70 %
  • Commodities: Gold at $1176.80 (+0.30 %), Silver at $15.89 (+0.20 %), WTI Oil at $60.20 (-0.15 %), Brent Oil at $63.50 (-0.20 %)
  • Rates: US 10 year yield at 2.38, UK 10 year yield at 2.12, German 10 year yield at 0.83

News & Data:

  • Greek Talks Set To Continue Tomorrow Morning As Spokesman Notes Gov’t Remains Fixed In Position
  • China May Cut RRR Following Q2 Data Next Month — MNI
  • China Stock Futures Advance On Plan To Ease Bank Lending Limits — BBG
  • PBOC Unlikely To Cut RRR & Reserve Ratio This Month — Financial News
  • Asian shares, dollar edge down as markets eye Greece – RTRS
  • Greek debt talks stumble before EU leaders gather – RTRS
  • Dollar dips, awaits cues from data after paring gains on Greek impasse – RTRS

Upcoming Events:

  • 07:00 BST – German Consumer Sentiment
  • 09:00 BST – SNB Chairman Jordan speaks
  • 12:00 BST – Euro Group Meeting
  • 13:30 BST – Initial Jobless Claims
  • 13:30 BST – US Personal Spending
  • 13:30 BST – US Personal Income
  • 14:45 BST – US Services PMI

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