Greek Politicians Has Failed to Agree on Austerity Measures Required to Avail Financing From The Troika

Some positive sentimens is paused, Overbought Markets May Pause As Traders Focus On Greece, we reported The major U.S. index futures are pointing to a lower opening on Monday, it is because of the cautious disposition of the markets due to their overbought levels impacted further by the developments in Greece. The lack of major catalysts may make traders obsessively concerned about the developments in the eurozone.

From Greece Debt Crisis latest news we reported, Greek politicians has apparently failed to agree on austerity measures required to avail financing from the Troika. With fears of a disorderly default by Greece worrying traders, it is unlikely that they bid up stocks further unless a breakthrough is reached.