This market needs to catch its breath after the selling pressure across currencies and the blood bath in equities this week. It can be rather monotonous to listen to the euphoric rants of the EUR ...
With only enough cash on hand to keep the country afloat for just another month or so, the noose is tightening on Greece. The next aid installment – approximately 30 billion euros – is ...
Grexit has not occurred yet, but contagion is surely here, just look at the unsustainable debt financing levels in Spain. The EUR squeeze continues, albeit painfully slow. When the Capital markets ...
Now that Greek officials have ruled out any chance to form a new government, a follow-up election has been announced. However, this time it appears that voters are now ready to roll the dice and cast ...
Investors should remember not to ignore the current economic data despite the market’s obsession with events in Greece. It’s rightly so we should be concerned with developments in the ...
This EUR move is consistent, persistent and now has those individuals who last week managed to get themselves long, second guessing. Investors remain nervous as last ditch Greek coalition talks over ...
Markets trade in a cautious manner as investors digest the latest EFSF Greek disbursement numbers and Spain’s attempt to help its fourth largest bank. Perception is everything and the EFSF ...
Markets fear the unknown and with Greece we seem to be on the periphery of a black hole. Contagion fears are back in full force, not that they ever left. With Greece edging towards that EUR exit, ...
The market is finding it difficult to know which way to look. The current price action is filling in some of those gaps created by the initial French and Greek election results. The new French ...
NFP is the granddaddy of all economic releases and the layup to this morning announcement has consisted of a month of “forgettable” trading. One of theses day’s a payroll release ...