Greek Debt Worries;Oil Optimism

The Greek finance minister expressed doubts about being to repay its big loans,although it can manage its public sector expenses.We will definitely have problems in making debt payments,said Yanis Varoufakis to Alpha Radio.Greece has an IMF loan of 1.6 billion euros comig due in March;i also has 7.5 billion of ECB bonds coming to maturity in July and August.
This skepticism comes after Greece got a four-month bailout extension from the EU on Tuesday.Any major Greek credit problems could roil world financial markets.*
In the port of Jizan,Saudi Arabia,Saudi oil minister Ali al-Naimi voiced optimism to reporters.The oil markets are calm now,and demand is growing,according to Mr.al-Naimi.
As well,China's manufacturing sector is growing,according to the flash HSBC/Markit Purchasing Managers Index.China is the world's second-largest energy consumer after the US.
The cheery news caused Brent crude to soar 5% to 61.63 per barrel;while Cushing crude went up 1.71 to 50.99.*
iShares China Large-Cap ETF(FXI),iShares U.S. Oil&Gas Exploration&Production ETF(IEO)

Markit Ltd Makes NASDAQ Debut

Markit Ltd made its debut on the NASDAQ stock exchange on 19 June.Markit is a Bloomberg-like company,said CNBC host Jim Cramer.It's a very important company.General Atlantic,which owns a 7.5% stake in Markit,is not a seller on the deal-which means buy the stock.General Atlantic deals work.Markit is a very profitable company.CEO and co-founder Lance Uggla is brilliant and he's hitting it out of the park,Jim Cramer enthused.*
Founded in 2003,Markit provides financial information products to bankers,investment advisors and other financial professionals.The products include indices,pricing and reference data,customised technology platforms and processing solutions.They are aimed at enhancing transparency,reducing risk and improving operational efficiency.The London-based company employs 3,000 people in 10 countries.*
Markit stakeholder General Atlantic is a global growth equity firm,providing capital and strategic support for growth companies.It invested in Markit in 2010.*
Markit Ltd(MRKT)