RE:RE:Looks likeIn addition:.... ________________________________________________________________________
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." Without support from creditors, the Greek government and banks would face a looming euro cash crunch, possibly opening the way for Greece to become the first country to ditch the common currency altogether and re-introduce its own currency. Still, markets generally assume a compromise would eventually be reached given the potentially painful consequence of a Greek exit from the euro.
"The market had been a bit optimistic about an agreement so it was a bit of a surprise," said Kyosuke Suzuki, director of forex at Societe Generale.
"But from the past experience during the euro zone debt crisis, the market is also accustomed to negotiations dragging on until the very last minutes. So while the tail risk appears to be rising, there is no panic in the market," he added. "....
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Lets see what happens at the opening bell, tomorrow..??
GLTA
G1945V