Greece referendum and next steps
Jul 05, 2015 22:12 pm UTC| Commentary
The official projections are out; with 70% of votes counted, the no vote looks to have achieved a comfortable majority (60%). The Greek authorities have indicated a desire to re-start negotiations on a third programme...
Four things the Greek referendum will not change
Jul 05, 2015 22:01 pm UTC| Commentary
Greek voting stations close at 18h00 CET with the first exit poll expected shortly after. If the knife-edge vote indicated by the most recent opinion polls hold true, it will be the early hours of Monday before the actual...
Jul 05, 2015 21:29 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields fell from 2.10% to 2.07%, while the 10yr yield fell from 3.12% to...
Jul 05, 2015 21:28 pm UTC| Commentary
Westpac Research notes:The US 10yr treasury yield implied by futures markets (which were open) fell...
Jul 05, 2015 21:26 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: The reversal which started two days ago has the potential run much lower. We target 1.1115 during the days ahead.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with...
Jul 05, 2015 21:25 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: The multi-month downtrend remains intact, with no major obstacles ahead of 0.6560.NZD/USD 1-3 month: Our next major target is 0.6560 which was a major low in May 2010. The two main...
Jul 05, 2015 21:24 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Broke a major technical level (0.7620 neckline) with further bearish implications multi-day. Next stop 0.7450.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend...
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