June Daily Review - 16/06
- Donald Herison
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Wall Street bets on 75% chance of Greek default as Greece needs to find 1.54 billion euros ($1.7 billion) to pay the International Monetary Fund by June 30 to avoid default. To do that, it needs the last tranche of its 240 billion euro ($262 billion) bailout.
U.S. stocks were up on Tuesday, after two straight sessions of losses, as deal activity picked up in the consumer and healthcare sectors and investors waited for the outcome of a two-day Federal Reserve meeting.
USD is rising while EUR is dropping.
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