Here’s what you need to know. A debt deal between Greece and its creditors remains elusive. Greek Fiance Minister Yanis Varoufakis is hopeful a deal will be reached within days. Jittery investors are selling Greek bonds, sending the yield on 3-year debt up 75 basis points to 18.03%. A fragile ceasefire in Eastern Ukraine is taking hold. Reports suggest the ceasefire has been largely followed aside from some fighting around the key railway hub in Debaltseve. The Russian ruble has strengthened on the news, currently up 1.5% at 62.26. Chinese home prices are sliding. Prices fell in …read more
Source: Business Insider
