Currency snapshot (major pairs)
Jun 30, 2015 14:36 pm UTC| Insights & Views
Dollar index trading at 95.10 (+0.07%). Strength meter (today so far) - Euro -0.14%, Franc -0.50%, Yen +0.33%, GBP +0.16% Strength meter (since last week) - Euro +0.30%, Franc -0.24%, Yen +1.25%, GBP -0.01% EUR/USD...
Must Read – Most generous and innovative idea to help Greece
Jun 30, 2015 13:24 pm UTC| Insights & Views
29 year old person named Thom Feeney has started a website to help Greece. The idea is to create a bailout fund for Greece worth 1.6 billion. The idea is to create it through crowd funding, which means people will...
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...
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