Market Overview

New research from Danske Bank Markets Our main scenario is that the Riksbank will be on hold on Thursday. However, there are two factors that could make the Riksbank cut the repo rate by 10-15bp...

Today is the day: June 30th, the deadline for the IMF payment. Greece is expected to default on 1.6 billion euro worth of repayment due to the IMF. The ECB keeps the ELA unchanged; the Greek banks...

The escalating Greek crisis has raised new questions about the timing of the Federal Reserve’s plans for the first US rate hike since 2006. But by some accounts, it’s still mostly noise on...

There is exactly the same feeling into the air as before the Lehman default. I remember being almost alone in thinking Lehman would fail to remain afloat, but both the market and the Federal Reserve...

The situation in Greece remains fluid. Here is what we know so far:1. Yesterday we had a promise of no capital controls. However, the ECB left the ELA limit unchanged (refused to increase it), which...

EUR/USDToday’s support: - 1.1154 and 1.1113(main), where correction is possible. Break would give 1.1072, where correction also may be. Then follows 1.1059. Break of the latter would result in...

Yesterday, the downside to credit spreads materialised following the adverse development in the Greece restructuring talks, after a weekend where the Greek Prime Minister suddenly (and surprisingly)...

Market Brief After a sell-off that dragged EUR/USD down to 1.0955, the euro rallied in late European and Asian session and almost returned to its pre-weekend levels. The pressures on European...

European markets will once again keep their focus towards the Greek saga, which is at its boiling point. If there is anything good going to come out of this useless, deadlock negotiation attempts, we...

Optimism over EUR to fade, currency to fall back again. • Why did the euro rally? The big question in the market has to be, why did the euro rally yesterday? The low for the day turned out to be...

The markets remain off-kilter. The dollar has recouped a little of the ground lost yesterday. Reports in a Greek paper that Tsipras may be reconsidering Juncker's proposal could prevent a deeper...

Sales of previously owned homes in the United States climbed to the highest level in nine months last month, providing additional clues that the housing market is recovering.Pending home sales soared...

Asian markets recover mildly after the global rout yesterday. Nikkei managed to sty above 20000 handle and is up 0.4% at the time of writing, trading around 20200. Overnight, S&P 500 suffered the...

The debt crisis dominated the news over the last few days as the Greek government opted to shut down its banking system and stock market, causing shares plummet worldwide yesterday. As it currently...