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Google News: Will Greece Quit or Will It Be Thrown Out of Euro?
[CNBC.com] - Economist John Velis, Head of Capital Markets Research, EMEA at Russell Investments agreed that unlike Spain, Portugal and Ireland, Greece had “dragged its feet whether it be over reforms, structural reform or even just over having decisive elections.”
Google News: Italian and Spanish yields fall as summit optimism grows
[Financial Times] - “I had been really bearish but I now have reasons to be a little optimistic,” said John Velis, head of European capital markets research at Russell Investments. “It looks like there is a critical mass towards what needs to be done.
Google News: France and Germany agree new rules
[Financial Times] - “If we go into Friday with this kind of momentum and an ECB ready to intervene more, there is a reason why markets have become optimistic,” said John Velis at Russell Investments, a US fund manager. Others expressed caution. “It is all about confidence
QE Not Driving Dollar Says Russell Investments
www.wsj.com
Russell Investments' John Velis talks to Jessica Mead about the prospects for the greenback and what he thinks might happen when QE2 ends.
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