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FXstreet.com (Barcelona) - Great concerns regarding Greece's political future and euro membership are jittering the markets this week, and today again. Despite being unable to form a government coalition and an anti-bailout majority in Parliament, the EU will be funding the country tomorrow with €5.2B, as scheduled in the second loan programme; "This is a relief for the market and suggests that the EU will give Greece some breathing space to find a Government that will comply with the bail-out conditions and not fan the flames even more by refusing the near-term disbursements unless immediate compliance is achieved", say Deutsche Bank analysts. Meanwhile, if negotiations with Tsipras fail, PASOK's Venizelos has already said he refuses to accept government mandate and wants to call for an urgent meeting amongst politicians.

The German DAX 30 is falling by -1.34%, despite better than expected Germany trade surplus and current account, and the better yields of government debt sale: €4B of 5-year debt at 0.56% (previously at 0.80%).

The French CAC 40, Spanish IBEX 35,the Italian FTSE MIB and the British FTSE 100 are losing by -0.95%, -3.35%, -1.73% and -0.88%, respectively. The Greek ATHEX is retracing some of the week's plunge, by 1.16%.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a lower open around -0.80% and -0.90%.
Crude oil being pressured again today, by -0.73%, at $96.30. Gold is currently trading at $1585 (-1.19%) support level, after reaching as low as $1580.

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