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US index futures decline on Greek uncertainty

FXStreet (Mumbai) - The major index futures in the US fell as the Greece’s deal no deal saga continues ahead of the data on the US factory orders.

Standard & Poor’s 500 index futures fell 0.19% or four points to 2105 levels. At one point of time in the European session, the futures were down 0.5%. However, sentiment improved after representatives of Greek creditors were said to be finalizing a proposal. Meanwhile, Dow Jones Industrial Average futures lost 20 points, or 0.1%, to 18,003. Nasdaq 100 Index contracts slid 0.2%.

Ahead in the day, the sentiment on the Wall Street could be affected by the data, which could show factory orders contracted 0.1% in April. Labor market reports on private payrolls growth, jobless claims and the government’s monthly non-farm payrolls data are all due later this week.

Singapore Purchasing Managers Index climbed from previous 49.4 to 50.2 in May

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EUR/USD higher on a possible Greece deal – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, explains that the ongoing speculation regarding a possible Greece deal this week and a robust Eurozone CPI have boosted EUR/USD, and a break above 1.1050 might lead to an advance towards 1.1120.
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