Greece pledges to strengthen policy after meeting with Troika

Note: This section contains information in English only.
Source: Bloomberg
On Sunday, Greece and ECB, IMF and European Commission agreed on the necessity of bolstering policy efforts to sustain the economy and meet its bailout requirements after more than a week-long meeting session in Athens. The talks will conclude whether Greece keeps receiving monies from its international creditors, 240 billion Euro of rescue funds.
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Mon, 06 Aug 2012 09:31:06 GMT

Oil futures drop

Oil declined from the two-week highest close in New York on bets that its strongest rise in five weeks was unreasonable. Futures fell 0.5%, after touching 4.9%, the highest since June 29. September-delivery oil tumbled to $90.95 per barrel. Brent crude for September declined 0.2% to $108.76 per barrel.

Tue, 07 Aug 2012 16:10:10 GMT

U.S. stocks jumped on data

U.S. stocks advanced on Friday after four day of losses as the optimism on the Eurozone's debt crisis resolution grew and U.S. non-manufacturing activity jumped in July. The Dow Jones Index soared 1.7 per cent, to 13,098.29; the S&P 500 Index added 1.8 per cent, to 1,389.84, and the Nasdaq Composite jumped 1.9 per cent, to 2,965.29.

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