Currencies

• EUR/USD Euro was softer on the back of the Greek deadlock as Eurozone finance ministers failed to agree on the way to involve private investors in Greece's second bailout plan.


• USD/JPY continued to trade in range with an upward bias, however failing to break above 80.60 resistance.


• GBP/USD Continued to fall after a big rally Monday. Investors are standing on the sidelines awaiting important financial results today, including claimant counts and unemployment rate.

Commodities

• Gold traded the range, failing to break below 1520.

• Oil recovered on the back of higher US and Asian stocks. OPEC is still concerned about rising oil prices, failed to agree on increase of production.

Equities

• U.S. stocks closed mostly positive Tuesday. DOW closed up by 1.03% and S&P closed up by 1.26%


• European stocks were trading lower today, on the back of the Greek crises.


• Asian stocks were mixed with Nikkei closing up by 0.28%, Hang Seng lower by 0.68% and Shangahiu lower by 0.91%

Sources: Bloomberg, FT