IMF expects 11 billion euro financing gap in Greek bailout

The International Monetary Fund has revealed today that, despite the recent optimistic conclusion of the Greek aid program review by the European Commission and the ECB, the country indeed faces a considerable funding shortfall in 2014 and 2015.
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Precious metals drop to intraday lows ahead of FOMC

Precious metals fell lower Wednesday, hurt by the robustness of the latest Q2 GDP in the US, coupled with anticipation of the FOMC monetary policy statement later today at 18:00 GMT.
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