Morning Thoughts June 5

3 headlines that made some noise in PM yesterday were 1) S&P saying 1-In-3 chance of Greece exiting EuroZone (so somewhat negative) 2) ECB’s Coeure pointing to banks should have direct access to funds from EFSF and ESM (small +ve) and 3) chatter IMF head Lagarde is endorsing additional ECB easing at this week’s policy […]

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