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European shares rise, euro cautious on Greek deal

Feb. 23, 2015 5:13 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor9 Comments
  • European stock markets rose and the euro started the week on a cautious note as a Greek debt deal struck last week remains in the balance.
  • Euro zone finance ministers agreed on Friday to extend Greece's bailout deal for four months, provided it comes up with a list of economic reforms by Monday.
  • Germany's DAX is now up 0.4% at 11,093.30 points after rising to 11,158.55 - its highest ever level, as Ifo's German business climate index edged up to 106.8 in February from 106.7 last month. The Greek market is closed on Monday for a holiday.
  • The euro is -0.6% at $1.1314.
  • FTSE 100 -0.2%; CAC 40 +0.3%; Euro Stoxx 50 +0.4%.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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