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,...
European capital markets (especially equities) undervalued due to Greece turmoil
Jun 30, 2015 11:27 am UTC| Insights & Views
We think European equities undervalued amid long lasting dramatic Greece turmoil.Euro area growth looks solid as healthy economic numbers posted with inflation bottoming.The EFSF (European Financial Stability Facility)...
Jun 30, 2015 10:58 am UTC| Insights & Views
Today morning Greeces local media was reporting a quick deal is possible today as Greek government is likely to consider latest offerings from European Union president Jean Claude Juncker. However that rumor is spoiled...
No disparity between calls and puts of GBP/USD straddle
Jun 30, 2015 10:46 am UTC| Insights & Views
We considered ATM options while calculating Put call parity of GBP straddle structure as shown in the figure.This can only be applicable to European style of options as they will have to be exercised only at maturity...
ECB taper remains far as inflation remains low
Jun 30, 2015 10:41 am UTC| Insights & Views
While growth and inflation returned to Euro zone, both remain too weak and fragile to give an early call off of European Central Banks (ECB) Public sector purchase program (PSPP) which along with other two purchase...