|
*
Greek Prime Minister Alexis Tsipras appealed to his party's
lawmakers to back a tough reforms package that won praise from
France, which called the new proposals "serious and credible".
* Greece has asked for $59 billion to help cover debts until
2018 and has pledged new tax hikes in return. Euro zone finance
ministers will meet on Saturday to decide whether to recommend
opening negotiations for a third bailout for Athens.
* Global markets were also supported by a continued recovery in
China's stock market, which rose strongly for a second day,
helped by a barrage of government support measures.
* Over the past two weeks Chinese authorities have cut interest
rates, suspended IPOs, relaxed margin lending and collateral
rules and enlisted brokerages to buy stocks, backed by cash from
the central bank.
* Investors will also look for clues regarding the timing of an
interest rate hike in the United States, when Federal Reserve
Chair Janet Yellen speaks at a conference in Cleveland, Ohio.
Yellen, scheduled to speak at 12:30 p.m. ET, will give her views
on the prospects for U.S. growth, inflation and the job market.
* Zillow's <Z.N> shares fell 2.6 percent to $83.01 in premarket
trading, a day after the company said its chief financial
officer is leaving the company to pursue other business
interests.
(Reporting by Tanya Agrawal)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
