Today's Top Stories - June 30, 2015  

 

BEWARE THE BELL! U.S. stocks were tipped to open higher on Tuesday, suggesting a degree of calm could return to Wall Street even as Greece looks set default on a $1.8 BILLION loan from the International Monetary Fund (IMF) More

Puerto Rico poses a 'substantial threat': Strategist As the eyes of the world focus on Greece and its impending default, another debt crisis closer home is rearing its head again, and it's already claimed two victims: Assured Guarantee and MBIA More

EUROPE: European equities traded broadly in the red on Tuesday, although off earlier lows, as Greece remained firmly in the spotlight for investors More

Greece lifelines run out as IMF payment looms Greece is widely expected to miss a crucial payment to the IMF on Tuesday – hours before its bailout officially ends at midnight More

Greek crisis not priced into stocks More

Creditors do not want Grexit: Greece's international creditors do not want a Grexit, Greek Prime Minister Alexis Tsipras said on Monday night, as the country faced the first day with closed banks and capital controls, fueling concern over a looming default and exit from the euro zone. More

Greece lacks will to compromise: German Chancellor Angela Merkel on Monday accused Greece of a lack of willingness to compromise, calling on the government in Athens to take "self-responsibility" in dealing with its debt issue. More

Negotiations Continue But Greece Remains Defiant As Bankruptcy Deadline Approaches: Head of EU urges P.M. to accept bailout terms More

Poland safe in view of Greek turmoil: Poland's economy and the banking sector remain safe, with the country's central bank and Finance Ministry on stand by to stabilize the FX market should the zloty depreciate. More

ASIA: Asia's stock markets bounced back on Tuesday, recovering from the previous day's heavy selloff, even as Greece inched nearer toward a debt default More

OIL: Oil futures hovered near three-week lows on Tuesday as investors waited for developments in Greece following a bank shutdown, keeping them away from riskier assets and putting Brent crude on course for a second month of declines More

GOLD: Gold dipped on Tuesday as it failed to garner strong safe-haven bids even with Greece heading for a debt default later in the session, while a robust dollar and a recovery in stock markets also weighed More

Lee: This may be one of 'few buying opportunities' Fundstrat's Tom Lee explains why weakness in stocks will be short lived and the market will rally into year end More

Obama to Expand Overtime Pay to Nearly 5 Million Workers President Barack Obama. President Obama will announce a sweeping change to the nation's overtime pay law, dramatically expanding the number of people who will qualify for increased pay after working more than 40 hours in a week More

Poll: 72% fear economic crash, concern 'highest ever' More


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