Investing.com UK - Financial Markets Worldwide
🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Markets rally on report Greece accepts creditor terms

Published 01/07/2015, 11:36
© Reuters. The flags of the European Union and Greece flutter at the Greece consulate in New York
EUR/GBP
-
UK100
-
ES35
-
STOXX50
-
FTEU3
-

LONDON (Reuters) - Eurozone stocks and peripheral bonds rallied on Wednesday, extending gains after a report that Greece was ready to accept most conditions from its international creditors in order to reach a deal over its debt crisis.

Greek Prime Minister Alexis Tsipras was prepared to accept creditors' demands for a bailout with only a few minor changes, the Financial Times said.

The FTSEurofirst 300 (FTEU3) extended gains, up 1.5 pct, with the euro zone blue-chip Euro STOXX (STOXX50E) up 2.1 percent.

The euro trimmed losses against the dollar to trade at $1.11535 , flat on the day, while against the British pound it turned higher to trade 0.4 percent higher on the day (EURGBP=D4).

German 10-year yields rose 4.3 basis points to a day's high of 0.82 percent while Spanish, Italian and Portuguese equivalents fell 6-8 bps to 2.22 percent , 2.25 percent and 2.90 percent , respectively.

© Reuters. The flags of the European Union and Greece flutter at the Greece consulate in New York

(This corrected version of the story fixes euro exchange rate to $1.11535)

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.