Market Overview

Greece overwhelmingly rejected the bailout in yesterday’s referendum as the international community watched Athens move towards a default. European stocks and bond markets are likely to take a...

While there is much uncertainty after the Greek referendum, a few things look clear:A "no" vote is unlikely to produce a change in the official creditors' position. The Greek government and the...

The financial markets are hit hard by the Greek vote as the week opened. Nikkei is trading down over -300 pts, or -1.5% at the time of writing while HK HSI is down -800 pts or -3% at the time of...

• Greece votes “No” Greece voted decisively to say “no” in its referendum on Sunday. Now the politicians will have to start working to figure out exactly what the Greeks...

We´ll be getting the Canadian Employment Change release number today and it is the only high impact release for this Friday, therefore we should see plenty of market reaction and thus we should...

Back in January, I warned Greek citizens to take money out of Greek banks. I also warned not put it in safe deposit boxes. Both comments were dead-on accurate.Greece Safety Box Controls Please...

61.3% of the Greek population voted 'No' to the Institutions' proposal, implying we are now one step closer to a Grexit. We see two scenarios from here and in both cases uncertainty will remain high...

Last week began with crosscurrents that made it hard to predict. See: "Fear and Greed: On Monday, It’s China Versus Greece."This week is starting with no such ambiguity. The Greeks had their...

Four polls said the Greek referendum was supposed to be "Knife Edge" close.Instead, Greece Heads for Decisive No Vote.With 85 per cent of votes counted, the No camp had won 61.5 per cent and was...

As the markets grapple with the macro implications of Sunday’s referendum in Greece, today’s numbers will be that much more influential for deciding how economic trends are faring on both...

Summary: Previous posts reported economists’ explaining the roots of the Greek crisis, so unlike the simple morality play in the newspapers. This post looks at its politics, a narrative of...

Inevitable is probably the most appropriate description of the referendum outcome. At the very least, I have been saying for weeks that the Euro is going to suffer, and suffer big. There is a minimum...

The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. With almost all of the votes counted, it is...

Well clearly the answer is no and the Greek turkeys have done the same. No great surprise, and perhaps even less so when you consider the questions being asked.Question one, would you like to pay more...