Merkel takes hard stance after Greek vote
Jul 06, 2015 11:29 am UTC| Insights & Views
Growing frustration in Germany and increasing calls for push Greece out of Euro has prompted German Chancellor Angela Merkel to take hard stance towards Greece, after voters overwhelmingly rejected the proposed bail out on...
FxWirePro: Both speculating and hedging worth on USD/CAD binary calls and costless collars
Jul 06, 2015 10:44 am UTC| Insights & Views
Spectacular speculating opportunities seen in USD/CAD binary calls as implied volatility is increased on the verge of Iveys PMI on Canadian side and ISM non-manufacturing PMI from US side. Buying binary call at every dips...
Greeks voted OXI, Euro says OK
Jul 06, 2015 10:24 am UTC| Insights & Views
Stunning European leaders and most of the analysts, Greek people by overwhelming majority voted OXI, which means NO. Thus the final proposal presented by Euro zone creditors got rejected, despite plenty of warnings that it...
After debt default and referendum, all eyes on EU summit
Jul 06, 2015 10:02 am UTC| Insights & Views
Greek voters have now said that no to the economic demands of its international creditors, the fate of the countrys struggling banks is in the hands of the European Central Bank. Also, the referendum will likely be...
Take away from Shanghai Composite’s 2.4% gain today
Jul 06, 2015 09:46 am UTC| Insights & Views
Today Chinese benchmark stock index, Shanghai composite rose by 2.4%, however headline gain is not a true presenter of what happened in the market. Over the weekend, Chinese Securities Regulatory Commission (CSRC) said...
SNB sucks thumb, while inflation remains subdued
Jul 06, 2015 09:04 am UTC| Insights & Views
Swiss national Bank (SNB) failing its primary goal of price stability for many quarters now, putting serious doubts on SNBs credibility as well as ability to move inflation to the positive side. Over and over SNB in...
FxWirePro: GBP/USD consolidates channel line; trend reversal expected
Jul 06, 2015 08:17 am UTC| Insights & Views
As anticipated earlier the pair retraced upto the previous channel line distance on EOD charts, currently trading near channel line support back again at around 1.5556 levels.%K line crossover below 20 levels seems most...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects