Greece Default Is Focus, But Markets Not Panicked
Kitco News – The Greece government needs to make a more than 1 billion Euro debt payment by the end of today, or be technically in default. Last-minute scrambling by both Greece and the EU may or may not find a way to once again kick the can down the road on the debt repayment/new bailout money matter. . The U.S. dollar is higher and the Euro currency is lower. Gold prices are weaker. Risk aversion in the world market place is not keen Tuesday.