Headlines discussed at LNWM’s Monday morning briefing:
— U.S. and other world powers reached a deal with Iran to curb its nuclear program.
— Greece met the terms required for it to negotiate a new bailout from creditors.
— The European Central Bank increased funding for Greek banks, due to reopen Monday.
— Fed Chair Janet Yellen maintained expectations for interest rate hikes by year-end.
— China’s 2nd quarter GDP growth rate (7%) beat expectations, but in line to be 25-year low.
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