Greek Deal Not Yet Finallized

Financial markets gained support by the ceasefire between Israel & Hamas despite the non-event of the EU finance minister meeting. US economic data was disappointing with consumer confidence downwardly revised in November. The BOE’s minutes showed that policymakers were split on increasing the size of the asset purchase program. Wall Street gained with the DJIA and the S&P 500 climbing +0.38% and +0.23% respectively. In the commodity sector, the front-month contract for WTI crude rose +0.73% while the equivalent Brent crude contract added +0.94%.

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Greek Deal Not Yet Finallized