Via Dave Lutz at JonesTrading, here’s what traders are chatting about this morning. Good Morning! S&P futures are 70bp better than Germany’s, as the $ drop + Greece + Ukraine weigh on our European brethren. Get ready for Headline Bombs – FinMins are arriving for the Eurogroup meeting – A post-meeting press conference should be around 12ET. Yanis Varoufakis has made clear he is coming to Luxembourg with no new proposals, while Greek papers spew “Chowder” that debt relief plans are being drawn, causing Athens to rally 4% from morning’s lows (but rolling back). Consumers and Financials continue to …read more
Source: Business Insider