Tuesday’s Headlines:· Germany ready to boost firepower of Eurozone’s rescue funds
· EU says no to “maximum” offer from owners of Greek debt
· Iranian oil banned by Europe
· Spain committed to its austerity plans
· Japan to record its first annual trade deficit since 1980
· Risk assets popular in advancing US market yesterday
· Many markets closed overnight for Lunar New Year holiday
· European markets to open lower today on Greek worries
· Euro slips from three-week high overnight
· Oil fluctuates below $100 per barrel as EU sanctions agreed
· US beef farmers may see sales boosted by Japan’s curb lift |