• Japan's Nikkei was up 0.26 pct at market close while South Korea's Kospi gained 0.93 pct as investor got optimistic on Euro Zone's ability to find some solution on Greece
• However broader Topix lost 0.05 pct showing very intact underlying concerns among investors

The material has been provided by Instaforex Company - instaforex.com

EUROPEAN INDICES AT FUTURE MKT OPEN - EUROSTOXX-50 ( 0.0 PCT ) DAX 30 ( 0.02 PCT ) CAC-40 ( -0.2 PCT )The material has been provided by Instaforex Company - instaforex.com

GERMAN BUNDS FUTURES AT MKT OPEN - 143.41 ( -23 TICKS )The material has been provided by Instaforex Company - instaforex.com

NIKKEI UP 0.26 PCT , KOSPI UP 0.93 PCT AT MKT CLOSEThe material has been provided by Instaforex Company - instaforex.com

SWISS CONSUMER CONFIDENCE (Q2) ACTUAL***** -8 ******(POLL -10) (PVS -19)The material has been provided by Instaforex Company - instaforex.com

• BoE's Michael Cohrs said that UK banks are well prepared to tackle any potential contagion from Greek crisis

Quotes

   "They have thought about their direct exposures to Greece and they have marked them to appropriate levels, their liquidity is strong and they have enough capital to withstand shocks from Greece,"

   "If it goes further it's not clear, and that is why we have been encouraging them to raise more capital because nobody knows where it will stop or it won't stop,"

   "I really want to hammer home this point; it was why we're urging British financial institution to prepare themselves and strengthen their capital,"

The material has been provided by Instaforex Company - instaforex.com

EUROPEAN INDICES AT BOOKMAKERS COUNTER - FTSE 100 ( -0.2 PCT ) DAX 30 ( -0.2 PCT ) CAC-40 ( -1 PCT )The material has been provided by Instaforex Company - instaforex.com

Being contained by 1.2624 (Jan 13 low) support, EURUSD rebounds from 1.2642 and breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 1.2642. Range trading between 1.2642 and 1.2900 would likely be seen in a couple of days. Another fall to re-test 1.

SOME CHINESE TRADERS DEFAULT ON THERMAL COAL SHIPMENTS ON FALLING PRICESThe material has been provided by Instaforex Company - instaforex.com

INDIAN RUPEE OPENS AT 54.42/DOLLAR VS 54.42/44The material has been provided by Instaforex Company - instaforex.com