What to Watch in the Week Ahead and on Monday, June 22

Markets head into a quieter week in terms of data, so the biggest focus is likely to be the back and forth in the Greek debt crisis. Emergency weekend meetings might resolve the situation, but with some from the ECB warning that Greece may not open its banks on Monday, and also warning that officials won't do anything to counter short-term volatility, the latest round of talks scheduled for Monday could create some potential volatility in markets, most notably transmitted through the euro, which