Wednesday, July 3, 2013

Market update: US futures have gone closer to flat, and Europe is breaking down, IMF threatens to withdraw from Greece bailout, Bitcoin prices drop below $90

It started off as more of a green morning, but as time has gone on, things are breaking down more.
US futures have gone closer to flat, and Europe is breaking down.
Via Bloomberg, here’s a chart of Germany’s DAX index, which is now off over 1.2%.

http://www.businessinsider.com/morning-markets-ii-july-2-2013-7?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheMoneyGame+%28The+Money+Game%29

Greece Has Three Days To Deliver On IMF Terms Or Face Consequences
Like the IMF’s withdrawal from the $240 billion bailout.
http://www.businessinsider.com/greece-has-three-days-to-deliver-on-imf-terms-or-face-consequences-2013-7

The Egyptian Stock Market Is Soaring
Headscratcher of the day.
http://www.businessinsider.com/the-egyptian-stock-market-is-soaring-2013-7

Japan Is Quietly On A Tear
The Nikkei is surging again.
http://www.businessinsider.com/nikkei-surpasses-14000-2013-7

Meanwhile, Bitcoin Prices Have Been Crumbling…

In the meantime, Bitcoin prices have been steadily droopping downwards in recent weeks, and the price, via ClarkMoody, has fallen below $90.

Read more: http://www.businessinsider.com/meanwhile-bitcoin-prices-have-been-crumbling-2013-7#ixzz2Xt231K7R

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