Macro Morning: Greek rumours

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By Chris Becker

The emergency EuroGroup meeting last night on the Greek debt crisis kept most risk markets in limbo in the last 24 hours, with a possible resolution leaking out to the newswires this morning, sending some futures racing up.

Coupled with no significant economic reports, the catalysts for action on the ground were thin, and in Europe stocks barely moved. The German DAX closed down 1 point, the FTSE lost 0.2% while broader Stoxx50 Index was down 0.3% in cash trade.

Chart DAX30, H4, 2015.02.11 21:51 UTC, VantageFX Pty Ltd., MetaTrader 4, Real

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