RBA Assistant Governor Guy Debelle eyed

There continues to be conflicting headlines in the Greek-Europgroup funding talks, with Bloomberg reporting that Greece and Europe moving towards a bailout extension, while Reuters quotes a Eurogroup source telling Reuters that no "deal" yet with Greece, and that may be an agreement to explore possibility of extending bailout programme. Another second Eurogroup source said Greece agrees in principle to meet its financial obligations in draft common statement, while a Greek govt official said no agreement in Eurogroup, greece will not accept an extension of current bailout, with discussions to continue, aiming at mutually beneficial agreement. The press conference will start shortly.