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Friday, July 3, 2015
Europe's main stock markets steadied on Thursday as attention turned to U.S. jobs data ahead of Greece's weekend referendum on it bailout.
The euro ticked higher in Asia on Thursday as an upbeat U.S. jobs report boosted sentiment while investors looked to this weekend's referendum on Greece's bailout.
Oil prices recovered Thursday after the Iran nuclear talks were extended until July 7, giving oversupplied markets a breather despite uncertainty over the Greek financial crisis, analysts said.
Thursday, July 2, 2015
Greece proceeds with vote plan as creditors rebuff overture
The Greek government vowed Wednesday to go ahead with plans to have the people decide whether they want more austerity measures in exchange for a rescue deal. Greece offered more concessions to its creditors, but was rebuffed -- Eurozone finance ministers refused to negotiate any more aid until the referendum clears up what the country wants.
Asian markets mostly rose Wednesday as investors shrugged off Greece's default, with Tokyo lifted by an upbeat survey on business confidence, but Shanghai's volatile run continued, plunging more than five percent.
The euro held steady in Asia on Wednesday as traders shrugged off the widely expected default by Greece, with focus now turning to the weekend's referendum, which could determine the country's eurozone future.
Oil prices eased in Asian trading on Wednesday after Greece missed a 1.5-billion-euro (US$1.7-billion) payment to the International Monetary Fund.
Wednesday, July 1, 2015
Asian markets rebounded Tuesday after the previous day's rout fuelled by concerns about Greece's future in the eurozone while Shanghai surged at the end of a volatile day that saw wild swings.
The euro eased in Asian trade on Tuesday, hours before a debt repayment deadline that Greece is expected to miss, putting it in default and fanning fears it will crash out of the eurozone.
Oil prices dropped Monday, joining other global markets in retreat on the looming threat of a Greek debt default.
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