Irritation over Greece boils and bursts European parliament
Jul 08, 2015 11:14 am UTC| Insights & Views
Greek Prime Minister, Alexis Tsipras is having hard time in European parliament after his speech. Key highlights from the speech - Mr. Tsipras is not blaming anyone as wicked foreigners instead blames Greek...
Another deadline in Greek talks, hardly means much
Jul 08, 2015 10:27 am UTC| Insights & Views
After so many deadlines and misses in Greek negotiation it is hard to rely on yet another deadline, which is being called as the final by European creditors, after which Greece will be left to its fate. Greek Prime...
Massive risk aversion hits market hard over Greece and China
Jul 08, 2015 09:43 am UTC| Insights & Views
Massive risk aversion is spreading across markets. According to asset managers, Greek situation in Europe is accompanied by Stock market meltdown in China. In fact Chinese melt down pose greater risk to world...

Guide to today’s important data and events
Jul 08, 2015 08:34 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on FOMC minutes from FED. Data released so far: Japan - Eco watchers survey shows current situation condition dropped to 51 from 53.3 prior and outlook...

FxWirePro: Technical glimpse on GBP/USD; long binary puts on rallies for 30-35 pips
Jul 08, 2015 08:33 am UTC| Insights & Views
On EOD charts a candle with long bearish real body at 1.5456 levels occurred to breach channel support. We reckon the short and medium trends are tight controls of tug of war between bulls and bears. This has created a...

Is Grexit almost confirmed? Keen eyes on Sunday's last call
Jul 08, 2015 08:29 am UTC| Insights & Views
The Euro summit presented two clear deadlines to Greece after an unconvincing Euro group meeting,Fridaymorning for a detailed proposal, and more importantlySunday, to decide whether Greece will leavethe euro area. EU...

FxWirePro: EUR/GBP on downtrend, prefer call ladder construction
Jul 08, 2015 07:30 am UTC| Insights & Views
The pair is testing a crucial support at 0.7096, any breach below this level would mean that weaker trend is intact. So long term bears are under complete control but as of now this currency cross likely to take support at...