Otmane El Rhazi from
The Bullion Desk.
- European equity markets opened lower this morning, reflecting the prospect of Greece failing to reach a last-minute deal with creditors.
- Eurozone finance ministers met yesterday in another attempt resolve the deadlock between Athens and its creditors but failed to thrash out a deal. European politicians will now be preparing for talks to resume on Saturday; should Greece not have some kind
- Should a deal not be reached by Sunday night, Greek banks will remain closed on Monday and capital controls will be introduced, JP Morgan suggested.
- European bourses are just in negative territory, having performed well earlier in the week when positivity about a likely deal spread to investors.
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