Last week’s Greek proposal still on the table with some adjustments - Greek official

FXStreet (Córdoba) - According to a Greek government official, the proposals that the Greek government submitted last Tuesday still stand with some adjustments. Proposal includes financing, reforms, debt restructuring

According to Greek official, proposals will be discussed today and tomorrow with the intention of reaching a deal shortly as Greece hurry to get a deal that restores liquidity to Greek banks.

Meanwhile, Eurogroup Chief Dijsselbloem says he is to hold a conference call tomorrow with the Eurogroup to discuss medium term Greek ESM program.

Commodities under pressure: More downside in oil - BBH

Analysts at Brown Brothers Harriman noted that commodities are back under pressure, sending ripples through various assets classes, both the charts and fundamentals suggest to them that there is further downside ahead for oil.
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US trade balances improving vs expected - ING

James Knightley, analyst at ING bank explained that the US trade balance widened marginally in May to $41.9bn from $40.7bn, but this was better than the $42.7bn anticipated by the market.
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