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Jun 29, 2015

Brazil’s investment message brings hope mixed with skepticism

NEW YORK, June 29 (Reuters) – Nearly two years ago Brazil
sought U.S. investors’ help to fund its seaports, railroads,
highways and airports.

In the end, though, the effort to lure 210 billion reais in
private investment managed to attract just 20 percent of the
targeted funds.

Jun 29, 2015

Brazil’s Rousseff slams graft informants, denies illegal donations

NEW YORK, June 29 (Reuters) – Brazil’s President Dilma
Rousseff on Monday drew on her own experience as a political
prisoner during the country’s dictatorship to denounce
informants in a corruption scandal that has pummeled her
popularity.

Rousseff also forcefully denied her campaign had received
illegal donations originating from the scandal, which involves
kickbacks allegedly paid by construction companies to
politicians and former executives at state-run oil firm
Petrobras.

Jun 26, 2015

Euro weaker after policymakers trade barbs before more Greek talks

NEW YORK, June 26 (Reuters) – The ongoing Greek debt talks
left currency markets in tight ranges on Friday while
policymakers traded barbs in Brussels over the latest proposal
for working out a debt deal between Athens and its
official-sector creditors.

The euro fell below $1.12 to session lows after Greek Prime
Minister Alexis Tsipras went on the offensive, seemingly pushing
back against the latest offer from the International Monetary
fund, European Union and the European Central Bank.

Jun 25, 2015

Euro flat vs dollar; Greek debt talks overhang market

NEW YORK, June 25 (Reuters) – Ongoing Greek debt talks
sidelined currency investors on Thursday, demonstrating their
unwillingness to take bold positions as deadlines for a deal
come and go, leaving the euro little changed against the
greenback.

A failure on Thursday to clinch a deal between Athens and
its three creditor institutions – International Monetary fund,
European Central Bank and European Union – set up a last-ditch
effort to reach agreement on Saturday in order to avoid a
default next week.

Jun 25, 2015

Euro holds steady, awaiting Greek developments

NEW YORK (Reuters) – Ongoing Greek debt talks sidelined currency investors on Thursday, demonstrating their unwillingness to take bold positions as deadlines for a deal come and go, leaving the euro unchanged against the greenback.

Even upbeat U.S. economic data did little to help the dollar advance. U.S. consumer spending recorded its largest increase in nearly six years on strong demand for automobiles and other big-ticket items, bolstering evidence of gathering growth momentum in the second quarter.

Jun 23, 2015

Dollar aided by rising yields; Athens’ wariness sinks euro

NEW YORK, June 23 (Reuters) – The U.S. dollar rose on
Tuesday, underpinned by prospects for interest rate increases
and rising U.S. Treasury yields, while the euro fell on concerns
that any debt deal agreed by Brussels and Athens will not get
passed by the Greek Parliament.

A seven-year high in new U.S. single family home sales last
month, combined with U.S. durable goods orders suggesting the
manufacturing sector is at least stabilizing after a weak
period, helped support the case for lifting benchmark U.S.
interest rates.

Jun 23, 2015

Dollar up on rising yields; euro down on Athens wariness

NEW YORK, June 23 (Reuters) – The U.S. dollar rose on
Tuesday, underpinned by rising U.S. Treasury yields and
prospects for interest rate increases, while the euro fell on
concerns that any debt deal agreed by Brussels and Athens won’t
get passed the Greek Parliament.

A seven-year high in new U.S. single family home sales last
month, combined with U.S. durable goods orders suggesting the
manufacturing sector is at least stabilizing after a weak
period, helped support the case for lifting benchmark U.S.
interest rates.

Jun 22, 2015

Euro strength on early Greek deal optimism sapped

NEW YORK, June 22 (Reuters) – Optimistic headlines on Monday
that talks between Greece and euro zone finance ministers made
progress toward a tangible debt deal pushed the euro up only to
see the currency’s gains fade as the flow of headlines ebbed
into the European night.

Greece’s latest cash-for-reforms offer was received more
positively than expected, with talk of more work ahead to
achieve a potential deal this week.

Jun 22, 2015

Guarded optimism on Greek deal gives euro a bump

NEW YORK (Reuters) – The euro edged higher against the U.S. dollar, yen and Swiss franc on Monday as a new cash-for-reforms offer from Greece raised hopes a tangible deal is taking shape that will help Athens avoid a default on its debts.

Euro zone finance ministers left a meeting with Greek officials in Brussels voicing optimism at Greece’s offer, with talk of more work ahead to achieve a potential deal this week.

Jun 19, 2015

Ukraine likely sees first state property sale in Q4-minister

NEW YORK, June 19 (Reuters) – Ukraine, struggling to reform
a shattered economy while restructuring private sector debt and
dealing with separatist rebels in its east, expects its first
state-owned property sale in the fourth quarter, the economy
minister said on Friday.

Aivaras Abromavicius, a former investment banker from
Lithuania drafted in December into the cabinet of President
Petro Poroshenko, said the list of 350 companies up for sale
will be topped by fertilizer business Odessa Port Plant and
power generator Tsentrenergo.

    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
      Joined Reuters:
      1997
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