- EU FinMins: Decision on next Greek aid tranche to be taken in early July
- Decision contingent on Greece meeting austerity and reform plans
- UK economy: Manufacturing wage dealsslightly higher
- UK economy: Rightmove survey shows house prices at highest level since GFC
- UK economy: Household finances continue to struggle
- Japan posts second straight monthly trade deficit
- Russia set to diversify 1% of reserves into AUD
- Stockmarkets slightly higher
- Gold consolidating after big gains on Friday, $1540/oz; Oil $92.80/bbl
Short and early wrap today.
EUR/USD closed in NY at 1.4310 but opened lower in Asia after no fresh positive developments emerged over the weekend. The EU FinMin meeting also pushed any decision back a few weeks and made it contingent on Greek reforms. Solid bids just above 1.4250 have held for the majority of the morning.