ITALY ECONOMY MINSTER PADOAN, ASKED ABOUT GREECE EURO EXIT, SAYS EU SYSTEM MUCH STRONGER THAN BEFORE
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FINNISH FIN MIN STUBB SAYS DONT THINK CONTAMINATION ISSUE IS AS REAL AS IT WAS A FEW YEARS AGO
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HUNGARY CENTRAL BANK SAYS READY TO OFFER EUR 1.1 BLN TO COMMERCIAL BANKS FROM ITS RESERVES TO HELP CONVERT REMAINING FX CAR, CONSUMER AND OTHER LOANS
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FINNISH FIN MIN STUBB SAYS THERE ARE A FEW FINANCE MINISTERS WHOSE PATIENCE IS RUNNING OUT WITH GREECE
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FINNISH FIN MIN STUBB SAYS IN LAST FEW YEARS WE HAVE DONE EVERYTHING IN OUR POWER TO KEEP GREECE IN EURO ZONE, WE WILL CONTINUE TO DO THAT BUT IT IS A TWO-WAY STREET
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Gold prices nudged higher as weaker dollar boosted most commodities Tuesday morning.
The precious metal also enjoyed some safe haven demand amid mounting concerns about the outlook for the global economy.
Gains were modest, however, as traders think the Federal Reserve may be compelled to raise interest rates in September if the U.S. jobs picture continues to brighten.
Gold for August was up $8 at $1,181.10 an ounce.
The Commerce Department is scheduled to release its wholesale inventories report for April at 10 am ET. Economists expect wholesale inventories to have risen by 0.3 percent.
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GERMAN FIN MIN SCHAEUBLE SAYS AFTER TALKS WITH GREECE’S VAROUFAKIS ON MONDAY WE STILL HAVE DIFFERING VIEWS
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