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Fears of a default in China's shadow banking system sent markets lower, but there is now growing expectations that scenario will be avoided, reports CNBC's Eunice Yoon. more...

Taper talk hit commodity currencies hard this week, now analysts say a raft of negative headwinds spell further bad news for the Australian dollar. more...

"Although there seems to be some signs of movement on a bigger, and hopefully better, European bailout, all you can say about the Greece crisis is that it is still ongoing," Nick Carn, founder of Carn Macro Advisors, told CNBC. more...

The financial markets don't know which way to look. On either side of the Atlantic we have a debt disaster that would on its own be a recipe for short fingernails or worse. But despite Monday's headlines, it is Europe that presents the far greater risk to the global economy. more...

A draft is at hand: euro zone leaders have a general plan for dealing with Greece. Here's what to do now. more...