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FOREX-Euro gives up gains as clock ticks before Greece's likely default

TOKYO, June 30- The euro slipped on Tuesday as traders braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of disruptive exit from the euro zone. The euro fell 0.4 percent to $1.1188, heading back to a four-week low of $1.0955 struck overnight in a knee-jerk reaction to...
Source: Reuters | By: Hideyuki Sano
Gold slips despite Greece's weak safe-haven bids

Gold dipped on Tuesday as it failed to garner strong safe-haven bids even with Greece heading for a debt default later in the session, while a robust dollar and a recovery in stock markets also weighed.
Source: Reuters
PRECIOUS-Gold slips despite Greek crisis on weak safe-haven bids, robust dollar

dollar@ SINGAPORE, June 30- Gold dipped on Tuesday as it failed to garner strong safe-haven bids even with Greece heading for a debt default later in the session, while a robust dollar and a recovery in stock markets also weighed. Asian shares and U.S. stock futures also rose on Tuesday after overnight losses, though concerns over Greece remained.
Source: Reuters | By: A. Ananthalakshmi
PRECIOUS-Gold clings to gains as Greece edges close to default

SINGAPORE, June 30- Gold retained gains from a two-day rally on Tuesday, boosted by safe-haven bids as Greece heads close to a debt default, raising questions over its future in the euro zone and rattling global equities. *Greece is just hours away from defaulting on a 1.6 billion euro loan from the International Monetary Fund. The Athens stock exchange was closed...
Source: Reuters
FOREX-Euro holds gains vs dollar as Greek debt saga plays out

TOKYO, June 30- The euro held on to gains on Tuesday after surging against the dollar as the initial shock of seeing Greece heading for a debt default eased slightly, but tensions remained high as the market awaited further developments in the deepening crisis. Meanwhile, Greece is on its way to default on 1.6 billion euros of loans from the International Monetary...
Source: Reuters | By: Shinichi Saoshiro
UPDATE 1-Oil prices fall after Greece imposes capital controls

*Investors eyeing Iran nuclear negotiations. TOKYO, June 29- Oil prices fell on Monday, with U.S. crude dipping below $59 per barrel to an almost three-week low, after Greece imposed capital controls as lenders refused to extend the country's bailout. Brent crude was down 79 cents at $62.47 a barrel by 0505 GMT, after rising 6 cents to $63.26 a barrel on Friday.
Source: Reuters | By: Aaron Sheldrick and Keith Wallis
Oil prices fall after Greek imposes capital controls

*Investors eyeing Iran nuclear negotiations. TOKYO, June 27- Oil prices fell in early Asian trade, with U.S. crude dropping below $59 after Greece imposed capital controls as lenders refused to extend the country's bailout. Brent crude for August delivery was down 81 cents at $62.45 a barrel by 0300 GMT, after rising 6 cents to $63.26 a barrel on Friday.
Source: Reuters | By: Aaron Sheldrick
China's stock rout could dent wealth effect: Pro  

The steep correction in China could trigger a negative wealth effect over the next few months, says Wendy Liu, head of China Equity Research at Nomura.
Source: CNBC.com
GM's Chevy puts hopes for global growth on Cruze

General Motors unveiled the new-generation Chevrolet Cruze compact car, a linchpin of its effort to attract new buyers to the brand.
Source: Reuters
UPDATE 1-U.S. West Coast refiners snap up Russian crude cargoes

SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from Kozmino near...
Source: Reuters | By: Jacob Gronholt-Pedersen