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Market Overview

Ipek Ozkardeskaya
Risk On Ahead Of ECB Meeting By Ipek Ozkardeskaya - Jul 16, 2015

It appears that market participants are finally starting to take note of the diverging monetary policies of the FOMC and the ECB. Risk on is back in vogue with European equity indices pushing higher ...

Marc Chandler
U.S. Dollar Rising By Marc Chandler - Jul 16, 2015

The US dollar remains bid. Yellen's comments and the Beige Book signal that the Federal Reserve is still on track to raise rates this year. In contrast, as Draghi will make clear today, the ECB is ...

Swissquote Bank Ltd
USD Broadly Higher, Yellen Optimistic By Swissquote Bank Ltd - Jul 16, 2015

Market Brief The Greek parliament voted in favour of bailout plan as the package was approved with 229 "yes" votes while there were 64 votes against and 6 abstentions. Prime Minister Alexis Tsipras ...

Mike (Mish) Shedlock
EU Agreements: Made To Be Broken By Mike (Mish) Shedlock - Jul 16, 2015

In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron's ...

Craig Erlam
ECB In Focus As Greece Passes Bailout Package By Craig Erlam - Jul 16, 2015

Greece overcame its first major hurdle towards securing its third bailout on Thursday morning, as lawmakers comfortably passed the deal through parliament with 229 of 300 MPs voting in favour of the ...

Greece Approves Bailout   By OptionsClick - Jul 16, 2015

The Greek parliament accepted the terms of the bailout amid some of the worst violent protests seen in Greece this year. Greek Prime Minister Alexis Tsipras was left weakened by the vote when a revolt...