European stocks jump higher on Greek deal

Note: This section contains information in English only.
Source: WBP Online
Stock markets across Europe jumped significantly higher, as according to sources a deal between Greece and its creditors has been reached, however, no detailed information on the deal has been released. The Stoxx 600 rose 2.1% to 389 points, the DAX 30 soared 2.9% to 11,316 points, while the FTSE 100 rose 1.4% to 6,673 points. Meanwhile, Spain's IBEX 35 jumped 3.1% to 11,036 points by 7:20 AM GMT.
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Mon, 13 Jul 2015 08:16:06 GMT

Aussie turns positive on recovering Chinese stocks, Greece

The Australian Dollar rose slightly against the Greenback, as Chinese equities rallied for a third straight trading session and an agreement has been reached to assist Greece in its debt crisis. The Aussie added 0.2% to 0.7449 against the Dollar by 7:40 AM GMT. The Chinese economy remains a key factor for the Aussie, as Australia's economy relies heavily on

Mon, 13 Jul 2015 07:44:04 GMT

Oil declines amid geopolitical progress

Oil futures fell sharply on Monday, as a deal between Iran and the West could be signed in the next few days and no bailout plan has been signed between Greece and its creditors. New York-traded Crude oil traded 2.5% lower to $51.44 a barrel, while the London-traded Brent Crude lost 2.7% to $57.39 a barrel by 6:50 AM GMT.

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