Greece hemorrhages liquidity

As the Greek talk sours, mood is quite bitter and panic for many in Greece.

• Failure of talk could mean exit from Euro zone. Athens stock exchange currently trading around 870 remains volatile over different comments.

• Seems like the Greek government have the vote but not people's wallet confidence. Deposits are drying up in the banks and country's central bank is feeling the pressure.

• Banks are informing deposit drop of around €400 million a day & close to a €2 billion a week.

• This has so far prompted the Greece to ask for more Emergency Lending Assistance (ELA) money.

• ECB have further sanctioned and increased the size by €3.3 billion to € 68.3 billion. This was a partial increase of the amount requested which could be shut off in absence of an agreement.

Euro is currently trading at 1.131 down 0.35% today but still in its tight range of 1.127- 1.155 range.