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European shares extend losses as Greece headed for debt default

*Greece hours away from debt default. LONDON, June 30- European shares extended the previous day's steep declines in choppy trading on Tuesday as Greece headed towards default on a crucial debt payment to the International Monetary Fund. But German Chancellor Angela Merkel said Germany would not negotiate on a new bailout agreement for Greece before its...
Source: Reuters | By: Atul Prakash
UPDATE 1-Oil prices seen steady despite Greek crisis, Iran

*Brent seen rising to $70.80 in 2016, $75.90 in 2017. June 30- Oil prices are likely to be stable for the rest of this year and climb in 2016 and 2017 as global demand picks up, shrugging off setbacks from the Greek debt crisis and the possible lifting of sanctions on Iran, a Reuters poll forecast on Tuesday. "Oversupply will ease gradually in the second half of this year,...
Source: Reuters | By: Arpan Varghese
POLL-Oil prices seen steady despite Greek crisis, Iran

*Brent seen rising to $70.80 in 2016, $75.90 in 2017. June 30- Oil prices are likely to be stable for the rest of this year and climb in 2016 and 2017 as global demand picks up, shrugging off setbacks from the Greek debt crisis and the possible lifting of sanctions on Iran, a Reuters poll forecast on Tuesday. "Oversupply will ease gradually in the second half of this year,...
Source: Reuters | By: Arpan Varghese
China stock markets uneasy with policy easing, slump over 3 percent, drag on HK

*China stocks open up over 2 pct but end morning down over 3 pct. *Regional markets down on China uncertainty, looming Grexit. The losses pushed China stocks deeper into correction territory, after a slump of over 20 percent in the last two weeks, fueled in large part by fears of a growing regulatory crackdown on loans used to speculate in securities.
Source: Reuters | By: Pete Sweeney and Samuel Shen
European shares pick up ahead of crucial Greece talks

LONDON, June 26- European stocks rose in afternoon trading on Friday, as optimism for some kind of progress on Greece picked up ahead of weekend talks designed to push Athens into a last-minute cash-for-reform deal with international creditors. Greek markets rallied and European equities were set for a positive end to the week as European Commission...
Source: Reuters | By: Alistair Smout and Lionel Laurent
Secret signal to buy stocks  

Cash is piling up on the sidelines as Wall Street sentiment turns cautious. But could this be a signal to buy? CNBC's Deirdre Bosa investigates.
Source: CNBC.com
Wall Street firm: Buy when Wall Street is selling

A major Wall Street firm believes investors can create excess returns by going against the grain.
Source: CNBC.com | By: Giovanny Moreano
Greece close to a deal-so why is the euro falling?

As stock markets rally on hopes of a Greece deal, the euro has moved in the opposite direction, to the surprise of some market-watchers.
Source: CNBC.com | By: Katrina Bishop
China takes shine off copper  

Michael Widmer, metals strategist at BofA Merrill Lynch Global Research, discusses the outlook of copper.
Source: CNBC.com
Asia renewable bond market set for takeoff: ADB

Issuance of renewable energy bonds is set to take off in Asia as new regulations push banks to step back from extending loans to projects, the Asian Development Bank (ADB) said in its June bond market report.
Source: CNBC.com | By: Leslie Shaffer