Greek Banks Limp Until Vote In Hope For ECB Salvation On Monday, Liquidity Reserves Will Probably Only Last Until Monday — BBG
Eurogroup Plan Meeting On 7 Jul, Euro Area Leaders To Meet On 8 Jul — BBG
Asian stocks slip as China rout intensifies, dollar weak – RTRS
Oil prices drop on rising US rig count, China stock market probe – RTRS
IMF warns of huge financial hole as Greek vote looms – RTRS
Overnight, the Australian Dollar declined from 0.7640 to a low of 0.7566 after disappointing Australian retail sales data, followed by a weaker than expected Chinese Services PMI print. The pair has bounced from there, but is still struggling to reach the 0.76 level. The Shanghai Composite Index had again a very volatile session and is currently down more than 3 %. Chinese authorities have announced that they will launch a stock market probe for possible market manipulation. The other major pairs were all stuck in a very tight range overnight. US markets will be closed for a holiday, so volatility could be lower than usual. If you are holding any EUR positions, keep in mind that there is the Greek referendum on Sunday and we might see again a large gap at the Sunday open.