Greek Deal Reached...

Gains made last Friday were reversed although EU finance ministers finally reached an agreement on the Greek bailout deal. Meanwhile, victory of Catalan pro-independence parties in the regional election made the country’s request of external funding more complicated. As far as data flow is concerned. Manufacturing indicators in the US weakened while it appeared that the government would unlikely hammer out a resolution to deal with the fiscal cliff in the near term.

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Greek Deal Reached...