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Weekly review: no changes compared to the last week

29 May 2015 Konstantin Meinhardt

Markets were volatile this week due to speculation on when the Fed starts to raise its interest rate and due to concerns over the Greek debt crisis. It seems as debt talks between Greece and its creditors will never end. Athens says that there is a progress in debt talks, EU officials denied it.

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Market focus

  • ECB's Coeure: Central bank has instruments and we've shown that we're ready to use them
  • British Chambers of Commerce (BCC) trims UK growth outlook
  • UK house prices rise slightly In June - Rightmove
  • China central bank injects funds, second phase of RRR cut takes effect

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