Volatility in the Euro continues while Greece on the verge to default. Today is the day when Greece will default €1.6bn IMF repayment, IMF may not treat this as an out right default but may want its money back. This is how it ends when the Greek publics are advised by the government to vote […]

Read More

Greece shuts all banks on Monday to prevent the economies currency from collapsing. Officials are scrambling to not let go of the country’s financial system from collapsing. Banking holders will have a tough day from using ATMs while the stock exchange is also shut. These measures were announced yesterday as Greece tumbled towards a default […]

Read More

Greece debt talks break down again Financial markets are taking the uncertainty of the negotiations between Greece and its creditors rather calmly. Despite a very real risk of a default on 30th June, markets have held up remarkably well. There has been a lack of real selling pressure on key markets, whilst the classic havens […]

Read More

Greece negotiations going down to the wire as sentiment is hit It was never going to be easy. When the euphoria of the new proposal for Greece swept the markets higher on Monday it all seemed too good to be true. The DAX and CAC up almost 4% on the day seemed a touch excessive […]

Read More

Two big problems with Greece’s new rescue plan For many investors, it seems like any deal between Greece and its international creditors is better than no deal. Europe is hatching an agreement to release 7.2 billion euros ($8 billion) in bailout loans to Greece, without which the country will default to the International Monetary Fund […]

Read More

Sentiment has lifted as we see some light at the end of the Greek tunnel. The latest negotiations seems to be of no exception as the long talks over the years have gone down the wire. But the proposal over the weekend has some kind of a substance that was put forward from Greece and […]

Read More

The volatility in markets continues to play out with the negotiations over Greece remaining unresolved and the prospect of a messy default on the IMF debt growing by the day. With over €2bn of capital flight out of Greek back this week, there are questions now over whether the banks will be able to open […]

Read More

Although it seemed as though Janet Yellen played the latest FOMC press conference with a pretty straight bat, the market had not been anticipating a slight dovish change to the projections. A cut to the 2015 US growth forecast and a slightly dovish shift in the path of the dot plots especially for 2016/2017 has […]

Read More

The fixation continues with Greece, but increasingly forex markets have settled into a mode of consolidation in front of what could be a crucial meeting of the Federal Open Market Committee. With a press conference with Janet Yellen also penned in along with revised economic forecasts, this meeting could give crucial hints as to not […]

Read More

There may be the odd sideshow through this week, but the two main drivers (Greece and the FOMC meeting) will increasingly gravitating around centre-stage. Rhetoric surrounding the Greek negotiations is becoming increasingly belligerent (not the best recipe for agreement), with Yanis Varoufakis also suggesting there is no new deal on the table from Greece. The […]

Read More