‘Grexit’? Not a problem – France’s Sapin

FXStreet (Edinburgh) - Michel Sapin, French finmin, argued that if ‘Grexit’ materializes, it will not be ‘serious from a financial or economic point of view’.

The comments fell within the recent effervescence sparked by defiant comments from PM Tsipras over the weekend, confronting with EC Head J.C.Juncker.

In addition, Greek finmin Y.Varoufakis could meet its German peer W.Schaeuble today in Berlin

UK will enjoy solid growth, high debt burden to stay until 2017 – Moody’s

The rating agency Moody’s, in its annual UK credit analysis, said the UK’s economic growth will likely remain solid in 2015-16, but its high debt burden remains a key weakness.
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USD set to strengthen as September rate hike nears – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, expects the Fed to hike rates in September, and the economic data releases ahead in the US to support the USD and US growth.
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