DT Trading Limited

Speculation on whether the European Central Bank will raise interest rates caused the Euro to rise against all other major currencies.

Data on business activity published yesterday by the Chicago Association of Managers shows an unexpectedly high rise in the index to 61.1 from the May level of 56.6.

Greece has announced its economic plan to privatize 87 billion Euros of state assets, 50 billion of which is being planned for bailing out the country until 2015 by selling off loss-making or entirely non-liquid assets.

The fate of Greece’s debt will be decided today when the country’s parliament votes on a package of steep austerity measures.

While some speculate that Greece is on the edge of a civil war, one thing is for certain - Greece is definitely on the edge of a nation-wide strike.