After walking out on bailout talks last month, Greece’s prime minister is in Brussels today seeking a new deal from the beleaguered nation’s creditors. What’s different this time? Alexis Tsipras carries with him a 61% ‘No’ result from the weekend’s referendum.
Today’s chase will focus on the stories of the day (and remember the U.S. markets are closed for the July 4 weekend). We have Greece of course. Just two days to go and according to many reports only one billion in euro cash available for the beleaguered Greeks.
Welcome back. Yesterday’s bounce succinctly explained by Zack’s: ADP employment stronger, construction spending better and ISM Manufacturing better including forward looking new orders. Notice nothing about Greece