Markets around the world are rallying on the premise that Greece will knuckle under and concede to the Trioka demands.
The consensus believing it is best for the most people possible to have Greece accept austerity to the nth degree, so therefore it will get done, so buy.
Europe stocks are up +2% on this rational, with bunds reacting similarly.
However at &:15 am Monday morning EDT there appears to be some blooms coming off the rose as Europe moves towards market close.
Not sure how much of the gains will want to sit overnight without an announcement on the deal.
Gray's Economy 