ECB’s ELA to last until Monday – E.Nowotny

FXStreet (Edinburgh) - ECB’s board member E.Nowotny has argued that the ELA mechanism oriented to provide liquidity to Greek banks will last until Monday. He also argued that further discussions could take place after that day.

Bonds point to only one Fed hike this year – Danske Bank

According to Senior Analyst at Danske Bank Christin Tuxen, fixed income markets could now be pricing in just one rate hike by the Fed this year. ..
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Around $2.8 tln erased from Chinese equity space in the past 3 weeks – BBH

The Brown Brothers Harriman Team comments on the Chinese equity market performance, PBoC’s and CSRC’s recent action, and the slump in recent economic data.
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