Continued Greek wrangling defined the early part of last week’s market momentum before the Greek and other regional parliaments approved the latest measures that pave the way towards bridge financing and a third bailout package. Although complications remain ahead of full implementation, the air is cautiously optimistic as policymakers discuss potential debt relief and the structure of a new bailout package. In China, despite figures that showed annualized GDP expanding at 7.00%, investors are increasingly concerned by the volatility in equity markets as large swings coupled with a large amount of tradeable instruments halted, begs the question of the real state of the economy. Analysts are increasingly concerned by the veracity of the economic data purported by the nation as growth looks set to continue falling in spite of the proliferation of extremely accommodative monetary and fiscal policy measures. In remarks prepared for her semiannual testimony to Congress, Federal Reserve Chair Janet Yellen highlighted the gradual pace of tightening expected by the Central Bank as conditions improve and the outlook sees two rate hikes before the end of the year. Lastly, Iran and world powers managed to arrive at an accord that sets the stage for improved trade relations and an understanding that enables Iran to peacefully develop nuclear capacities.