European Stocks Extend Advance on Greek Debt Agreement Optimism

European Stocks Extend Advance on Greek Debt Agreement Optimism

From bloomberg.com

European stocks extended gains amid optimism that Greece has made progress on a debt deal with its creditors. The Stoxx Europe 600 Index added 1.1 percent to 407.86 at 3:33 p.m. in London. Equities jumped after an official with knowledge of the matter said Greece and its creditors have started drafting a staff level accord to solve its debt crisis. The ASE Index headed for its biggest gain in a month. “Everyone was scared Greece was close to leaving the euro zone,” said John Plassard, vice president at Mirabaud Securities LLP in Geneva. “We had bad news on Greece today and people now got excited by this, so ... (full story)

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Comment #1
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May 27, 2015 10:43am May 27, 2015 10:43am

Guest
| IP XXX.XXX.158.5

tomorrow it will be pessimism. on friday it will be optimism again

Comment #2
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May 27, 2015 10:47am May 27, 2015 10:47am

Guest
| IP XX.XX.152.109

yesterday stocks tumbled and today they are up because of Greece? I don't believe it.

Comment #3
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May 27, 2015 10:49am May 27, 2015 10:49am

Guest
| IP XX.X.28.165

good money into a bottomless pit

Comment #4
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May 27, 2015 11:01am May 27, 2015 11:01am

hesron
Joined Dec 2012 | Status: Member | 1460 Comments

news oh news ....sometimes so ugly......remember this about 4 hr ago .................................................................................
http://www.forexfactory.com/news.php?do=news&id=541499

All my analysis is based on Wyckoff Methods

Comment #5
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May 27, 2015 11:13am May 27, 2015 11:13am

Tom_D_Trader
Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 62 Comments

Lol Greece joke. 150 Bn hole in Target 2. They can t leave, bailout is megacheap. Still the same.

"I know one thing, that I know nothing." Sokrates

Comment #6
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May 27, 2015 11:18am May 27, 2015 11:18am

fxx360
| Joined Dec 2011 | Status: Member | 884 Comments

Greece is like a a bad disease that wouldn't go away.......and the only cure is surgery. ''CUT OFF'' !!!!

Comment #7
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May 27, 2015 11:21am May 27, 2015 11:21am

mjomha
| Joined Jan 2011 | Status: Member | 17 Comments

Quoting fxx360

Disliked

Greece is like a a bad disease that wouldn't go away.......and the only cure is surgery. ''CUT OFF'' !!!!

Ignored

herpes, u can never get rid of it

Comment #8
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May 27, 2015 11:25am May 27, 2015 11:25am

hesron
Joined Dec 2012 | Status: Member | 1460 Comments

read ths too......something ugly more.......European Stocks Extend Advance on Greek Debt Agreement Optimism (something wrong with this news)....................
Greece claims deal is close, as US urges action soon - live updates.....
at an agreement with creditors is close

Greek PM: We’re on the final stretch
But EC is not convinced
Summary: America turns up the heat on Europe
No more emergency liquidity for Greece today
US fears Greece could turn to Russia
http://www.theguardian.com/business/live/2015/may/27/greek-bailout-talks-resume-brussels-imf-live

7 minutes ago

All my analysis is based on Wyckoff Methods

Comment #9
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May 27, 2015 11:43am May 27, 2015 11:43am

JeffZhou
| Joined Feb 2015 | Status: Member | 237 Comments

Greek roller coaster continues.

Comment #10
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May 28, 2015 1:21am May 28, 2015 1:21am

Guest
| IP XXX.XX.146.66

The EU is completely delusional if it thinks Greece has any means or intention to pay back its debt

Story Stats

Posted: May 27, 2015 10:40am
Submitted by:
Newsstand

Category: Fundamental Analysis

Comments: 10 / Views: 3,137