Guenter Oettinger says they are striving for an agreement with Greece by June 5th

  • Says a financing deal is possible by the 5th

Our friend Ashraf Laidi has tweeted that a deal may be announced at 15.00 cet (13.00 gmt), but that it's just chatter at the moment and nothing concrete. It has pushed the euro up to 1.0940

Update: None of the main wires are carrying any news yet so take the talk with a large pinch of salt for now. The finger is being pointed at a twitterer who says he heard it from MNI but he's since deleted the tweet and there's nothing from MNI

Update #2: MNI deny any knowledge of their involvement so it looks like a dud. EUR USD is backing off from the pop to 1.0945