• Greece 5 year credit default swaps rise to record high 1,850 bps, up 124 bps on day
  • Spanish 5 year credit default swaps rise to 305 bps, up 18 bps on day
  • Portuguese 5 year credit default swaps rise to record high 833 bps, up 44 bps on day
  • Irish 5 year credit default swaps rise to record high 805 bps, up 34 bps on day

EUR/USD sits at 1.4137. UK clearer notable buyer in recent trade.

Sell stops now seen through 1.4080. Buy stops (light) seen through 1.4160.