Employment prospects bolster US consumer confidence in June

US consumer confidence beat forecast in June, according to figures released by The Conference Board on Tuesday.

Greece requests ESM support from Eurozone

Greece is requesting a two-year bailout program from the European Stability Mechanism, according media reports Tuesday that cited the office of Greek Prime Minister Alexis Tsipras.

Greece proposes two-year deal with ESM to cover financial needs, says Reuters

Greek government reconsidering Juncker proposal

According to a report citing Greek online newspaper ekathimerini the Greek government may be reconsidering last night´s proposal from European Commission president Jean Claude Juncker.

Varoufakis confirms Greece will not make IMF payment

Greek Finance Minister Yanis Varoufakis confirmed on Tuesday that Athens will not meet the deadline of midnight on Tuesday to repay €1. 6bn owed to the International Monetary Fund.

UK first quarter GDP growth rate revised higher

The UK´s economy started the year on a slightly firmer footing and with greater momentum than initially though, according to revised figures from the government.

Eurozone CPI in line with expectations in June

Consumer prices in the Eurozone grew at a slower pace in June, official figures released on Tuesday showed.

8bn euros pulled from Greek banks in the last two weeks, says Moody's

Eurozone economic confidence declines in June

Economic confidence in the Eurozone declined slightly in June, official figures released on Monday showed, as businesses grew more cautious.

ECB to continue with emergency funding to Greece

The European Central Bank (ECB) said on Sunday that it would continue to provide emergency liquidity assistance (ELA) to Greek banks at the level previously agreed on Friday.

China´s PBoC cuts rates and banks´ reserve requirements

The People´s Bank of China, the country´s monetary authority, has lowered its benchmark lending rate and the amount of cash lenders are required to hold in reserves.

Tunisia terror attack death toll rises to 35, more casualties expected

A tourist hotel has been attacked in Sousse, Tunisia, local media and security sources reported.

Man found decapitated in southeastern France in suspected Islamist attack

Men carrying an Islamist flag attacked several workers from US-based Air Products factory in the southeastern French commune of Saint-Quentin-Fallavier at around 10am, leaving a man dead and several wounded.

Greek default possible after 30 June, IMF says

The International Monetary Fund will not be flexible on the 30 June deadline when Greece’s next debt payments fall due.

Eurogroup meeting has been suspended - reports

According to various reports Thursday's Eurogroup meeting was suspended pending "better" proposals from Greece.

US jobless claims rise by more than forecast

Initial US weekly unemployment claims rose by more than expected in the latest reference period.

UK retail sales slowed in June, CBI says

Retail sales volumes slowed more than expected in June, but a slight recovery was forecast by most executives in the industry.

Brussels's deadline to Greece lapses without progress

The 10:00 deadline for Greece to present a workable plan of economic reforms if it wants to access the €7. 2bn of funds remaining under its current bailout programme has lapsed without any fresh proposals having been presented by Athens.

Fast-track trade bill clears Senate hurdle

A proposed bill to give Barack Obama "fast track" trade authority cleared a crucial hurdle in the Senate on Tuesday, paving the way for a final vote.

US new home sales rise at fastest pace since 2008 in May

Sales of new homes in the US recovered to their fastest pace since 2008 last month, the Department of Commerce said.