European shares hit fresh seven-year highs on Monday on expectations that the deal to extend the bailout programme with Greece would be ratified

European shares hit fresh seven-year highs on Monday on expectations that the deal to extend the bailout programme with Greece would be ratified. The German Ifo business climate index hit a seven-month high but fell short of expectations. The FTSEurofirst index rose by 0.7%, but while the German Dax rose by 0.7%, the UK FTSE fell by less than 0.1%, dragged down by a weak profit result by HSBC. Mining shares fell in London with BHP Billiton down by 2.2% while Rio Tinto lost 2.7%.


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I am married with three children (all in their 20s) and currently live in Huntleys Cove in the inner west of Sydney. Chief interest is athletics and trying to keeping up with the children.My current role is Chief Economist, Commonwealth...

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