● Greece is set to default at the end of today…
● But the Greek crisis isn’t expected to delay the Fed’s first rate hike…
● Meanwhile, US pending home sales rose to a 9-year high in May…
● As Puerto Rico faces bankruptcy…
● Eurozone inflation ticked lower this month while the jobless rate remains stable but elevated at 11.1%…
● And Germany’s unemployment remains close to an historic low in June as retail sales increased for a second month in Europe’s largest economy.