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Weekly preview - Is the firewall strong enough?
The first part of the week will inevitably be dominated by Monday’s EU Summit and continuing talks surrounding the Greek debt-restructuring deal. There has been a significant shift in tone and rhetoric from officials and this will be a key theme over the coming week as Euro-zone leaders are now more confident that the contagion firewall is strong enough to cope with an effective Greek default which is encouraging them to take a tougher stance, especially with the dovish Fed tone also still helping to support risk appetite. The Greek government and private-sector creditors have reportedly been on the brink of a deal ... (full story)