What does Tsipras offer in latest proposal?
Jul 10, 2015 12:02 pm UTC| Insights & Views
Market is all rosy about new Greek proposal which is likely to gain a nod from European creditors. Some European officials went further ahead saying that a deal could be sealed on Saturday. European Central Bank (ECB) has...

Chinese govt fuelled-rally impose greater risk to economy
Jul 10, 2015 11:17 am UTC| Insights & Views
After yesterdays spectacular rise of almost 6%, Chinas benchmark stock index Shanghai composite is up by another 4.5% today. Chinese authorities have pushed almost everything from IPO ban to loan refinancing to suspending...
FxWirePro: Hedge euro downside risks via PRBS amid attempts to prevent Grexit
Jul 10, 2015 10:19 am UTC| Insights & Views
The euro spiking more than 1% against the yen on hopes that Greece was making some progress in its efforts to secure more funding and avoid Grexit.The common currency climbed 1.3% versus the yen to 135.60 and added 0.7%...

Greece deal could be done before Sunday
Jul 10, 2015 10:10 am UTC| Insights & Views
A latest proposal by Greece seems to have improved the mood among Euro zone creditors. French president Francois Hollande, who have been trying hard to secure a deal said that the reforms submitted by Athens remain...
FxWirePro: British trade deficit to expand and add stress on GBP; deploy BPS on hedging front
Jul 10, 2015 08:56 am UTC| Insights & Views
The sharp narrowing in the April trade deficit also indicates a positive contribution from net trade to UK GDP growth in Q2. However, given the volatility of the external trade data, this narrowing is unlikely to have been...

Markets cheer as Greek deal looms
Jul 10, 2015 08:55 am UTC| Insights & Views
Finally market participants are seeing some light at the end of tunnel in Greek negotiation. Both sides seem to have bend a little. Greek Prime Minister indicated that his government stands ready to implement reforms as...
Guide to today’s important data and events
Jul 10, 2015 07:47 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on BOE interest rate decision. Data released so far - Australia - Investment lending for homes dropped by -3.2% in May, with home loans dropping by...