They usually happen around 10 GMT; Spain and Italy later this week.
There will still be plenty of announcements and statements on Greek debt, private investor haircuts, CACs, CDS’s etc etc but the market doesn’t seem as jumpy. I’m guessing that the EUR/USD shorts are getting more comfortable, now that we’ve had some lengthy consolidation below 1.2860. I’m guessing that there will be heavy stops above this level.
