Dhara Ranasinghe is an Associate Producer with CNBC.com, covering a range of topics including the global economy, financial markets and corporate news. Before joining CNBC, Dhara was a correspondent and sub editor with Reuters news agency in London and Singapore. She has reported on European Treasury markets, Asian economies and currency markets and edited company news stories. Dhara holds a Bachelor's degree in History from the London School of Economics.
A slide in Chinese stocks that undermines consumer confidence could also hurt Western firms exposed to the world's second-biggest economy.
Treasury prices fell, pushing up yields, after a bailout deal between Greece and its creditors dented the appeal of safe-haven bonds.
Global markets celebrated the an agreement that will help secure a third bailout for Greece, with "risk on" back in play after weeks of uncertainty.
U.S. stocks were tipped to open higher Thursday, as a recovery in Chinese stocks lifted sentiment, while focus remained on the Greek crisis.