ECB's Draghi: There are still concerns about Greek public debt sustainability

Additional headlines from ECB's President Mario Draghi are now crossing the wires, via Reuters, speaking in Brussels:

  • There have been encouraging steps on fiscal governance and banking sector
  • Risk framework for collateral is being revisited
  • Says everything is in good order
  • Securities lending programme was falling short
  • We are gradually upgrading this; it's recognized as need to do
  • Says look forward to solution that could restore full confidence

WTI jumps over 2% to $47.30 on deal hopes

The West Texas Intermediate has rapidly reverted the negative start and is now up more than 2% beyond the $47.00 mark per barrel, or session highs. W
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USD/JPY: bullish, with caution towards 113.00 - Scotiabank

In respect of USD/JPY, analysts at Scotiabank explained that sentiment appears dominant, and they highlight JPY’s vulnerability to knee-jerk haven-dri
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