China will increase targeted policy adjustments – Premier Li

FXStreet (Mumbai) - China’s Premier Li was on the wires stating that the world’s second largest economy will increase targeted policy adjustments.

Premier Li added that China needs to put in great effort to boost economic growth and the foundations for stable growth still needed to be strengthened.

On Thursday, the International Monetary Fund kept China’s 2015 GDP forecast unchanged at 6.8%.

Jul 10, 2015

Greece deal gaining momentum – BBH

The Brown Brothers Harriman Team notes that although the Greece deal is gaining momentum after the reform proposal sent was in line with its creditors’ previous demand, the real question still seems to hinge on debt relief.

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Jul 10, 2015

Will the creditors accept Greece’s reform proposal? – BTMU

With Greece sending over a reform proposal largely in line with what was offered by its creditors last month, Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, notes that the key question here remains whether the Troika will accept the proposal and what kind of debt relief the Greeks will gain.

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