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- Incentivising countries not to repay their debt would be disastrous for Europe
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ECB’s Bini Smaghi: “Greece is fundamentally solvent”
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- In-line CPI report leads to a blockbuster day for US stock markets
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- US stocks open higher led by the NASDAQ index
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- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next
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