GLOBAL MARKETS-European bonds and stocks on the defensive before tight Greek vote LONDON, July 3- European bonds and stocks traded cautiously at Friday's market opening before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way. Supporters of Greece's bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48...
| By: Marius Zaharia
POLL-Asian currencies to fall slightly with Fed set to raise rates *China to be an exception. That stands in contrast to the bumpy ride ahead for emerging markets outside of Asia, especially Latin America, where analysts appear fearful of the impact of higher U.S. rates and Greece's stand-off with its creditors. "Asian emerging currencies are likely to be more resilient than some of the emerging currencies, such as in Latin...
| By: Siddharth Iyer
FOREX-Soft U.S. jobs data weighs on dollar, euro hostage to Greek vote *Investors cautious ahead of Greece's referendum on Sunday. LONDON, July 3- The dollar fell against a basket of currencies on Friday, hurt by softer than expected U.S. employment data and with most investors staying on the sidelines before Greece's referendum on bailout conditions at the weekend. Caution also reigned ahead of Greece's Sunday referendum on an...
| By: Anirban Nag
Greek referendum: Buy or dump the euro? Foreign exchange strategists advise dumping the euro following Greece's landmark referendum on Sunday, regardless of the outcome.
| By: Ansuya Harjani
World stocks drift lower ahead of Greek vote; China plunges HONG KONG- World stock markets mostly drifted lower Friday ahead of Greece's weekend austerity referendum, while China's main stock benchmark plunged as much as 7 percent as government market stabilization measures failed to reassure panicky investors. Britain's FTSE 100 edged 0.1 percent lower to 6,622.15. The government says a "No" vote will put it in a...
Source: The Associated Press
| By: By KELVIN CHAN, AP Business Writer
Why investors think Japan has some pretty hot property Japan's economy is barely growing, its population is shrinking and wages have long been stagnant, but investors both inside and outside the country see surprisingly big opportunities in its property market.
| By: Leslie Shaffer
FOREX-Dollar treads water after disappointing U.S. jobs data *Investors cautious ahead of Greece's referendum on Sunday. TOKYO, July 3- The dollar stuck around the previous session's levels in Asian trading on Friday, as disappointing U.S. employment data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued. The International Monetary Fund warned on Thursday that Greece would...
| By: Lisa Twaronite