Posted To: MBS Commentary
The last few highlighted comments at the bottom of this page tell the story of the late-day headlines. The first one caught markets’ attention: RTRS- EU, GREECE COME TO AGREEMENT IN PRINCIPLE, MEETINGS TO CONTINUE-CNBC And a few minutes later, the rest of the wires simply made for comedy and frustration : RTRS- EUROGROUP SOURCE TELLS REUTERS NO “DEAL” YET WITH GREECE, MAY BE AN AGREEMENT TO EXPLORE POSSIBILITY OF EXTENDING BAILOUT PROGRAMME RTRS – SECOND EUROGROUP SOURCE SAYS GREECE AGREES IN PRINCIPLE TO MEET ITS FINANCIAL OBLIGATIONS IN DRAFT COMMON STATEMENT RTRS – GREEK GOVT OFFICIAL SAYS NO AGREEMENT IN EUROGROUP, GREECE WILL NOT ACCEPT AN EXTENSION OF CURRENT BAILOUT RTRS – GREEK OFFICIAL SAYS EUROGROUP DISCUSSIONS TO CONTINUE, AIMING AT MUTUALLY BENEFICIAL AGREEMENT Translation…(read more)
Via:: MBS RECAP: Late Day Grexit Head-Fake Delivers only Modest Volatility
