Greek government requests third bail out
Jun 30, 2015 15:22 pm UTC| Insights & Views
Greek Prime Minister Alexis Tsipras has asked Euro zone authorities for a new third bailout fund since current three year bailout is set to expire today at midnight. Since no deal was secured, current bailout program is...
Currency snapshot (commodity pairs)
Jun 30, 2015 14:51 pm UTC| Insights & Views
Dollar index trading at 95.21 (+0.19%) Strength meter (today so far) - Aussie +0.46%, Kiwi -0.85%, Loonie +0.34%. Strength meter (since last week) - Aussie +0.73%, Kiwi -0.81%, Loonie -0.65%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 30, 2015 14:36 pm UTC| Insights & Views
Dollar index trading at 95.10 (+0.07%). Strength meter (today so far) - Euro -0.14%, Franc -0.50%, Yen +0.33%, GBP +0.16% Strength meter (since last week) - Euro +0.30%, Franc -0.24%, Yen +1.25%, GBP -0.01% EUR/USD...
Must Read – Most generous and innovative idea to help Greece
Jun 30, 2015 13:24 pm UTC| Insights & Views
29 year old person named Thom Feeney has started a website to help Greece. The idea is to create a bailout fund for Greece worth 1.6 billion. The idea is to create it through crowd funding, which means people will...
When will Greece default? - Not tonight for sure
Jun 30, 2015 12:54 pm UTC| Insights & Views
Credit rating agency SP has cut Greeces rating from B- to CCC+, after the referendum and according to the agency, there are 50% chance that Greece might exit the Euro zone. However, according to the rating agency Greece...
Infrastructure to trade Greek bonds collapses
Jun 30, 2015 12:22 pm UTC| Insights & Views
Greek bonds are getting blocked out of market as several exchanges and platforms are closing down trading in those instruments. The Bourse de Luxembourg, which Luxembourgs main exchange to trade Greek bonds, both...
No cheap funds for Italy as Greek tension reaches beyond borders
Jun 30, 2015 11:36 am UTC| Insights & Views
Investors are not in mood to lend Cheap as tensions in Greece keep them at bay, demanding higher return for funding. Investors after letting several countries to lend at negative rates earlier this year amid ECB tapering,...
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