By Research Team, 1200 GMT: Risksentiment has taken a pretty big hit today on fears of a delay inGreek PSI developments. Chinese data not helping sentiment. Equitymarkets are taking a pretty bigt beating; check out "global equitymonitor." 0940 GMT: UKHalifax house priceshave come out lower than expected (-0.5% vs. expected 0.3% MoM).Eurozone GDP is up next. The Euro is downtoday following unconfirmed talk of a potential delay in the Greek PSIdeadline. A note from the IIF on EUR1trl losses on a Greek default is not helping sentiment. 0725 GMT:European tarde kicks off today after a fairly lackluster Asiansession. Overnight, the RBA left Aussie interest rates unchanged aswas expected by most. The RBA lefting open the possibility forlower rates should the global economy cool further, noting thatChinese growth has started to falter. Elsewhere, UK retail salesfell while Japanese wages showed sign of increasing. Stay tuned forEurozone GDP figures later in the European session.
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