Market Overview

US stocks fell sharply at the open on Monday, but pared losses during the day after Greek voters rejected the bailout proposal terms in referendum on Sunday. The S&P 500 fell 0.4% to 2068.79. US...

Global traders remain hyper-focused on the latest Greece-related rhetoric from such influential luminaries as Latvia’s Central Bank Governor, Lithuania’s Finance Minister, and even the...

It’s not an overstatement to say that over the 6-year period beginning in September-2008, the US Federal Reserve went berserk with its Quantitative Easing (QE). The following chart shows that...

- World is “over-indebted”, Mark Faber tells Bloomberg- “Defaults will follow or they will have to create very high inflation rates”- Greece will leave EU or Troika will take...

There's still so much uncertainty over what will be the final outcome for Greece. Saxo's Mads Koefoed says that what's been surprising is what little market reaction there has been. Risky assets led...

The US dollar is enjoying broad gains today. It is extending its recent gains after a consolidative session yesterday as investors tried digesting the weekend developments. The yen is the sole...

Market Drivers for July 07, 2015 Euro tests support at 1.0950 as EG offers no new concessions RBA keeps rates on hold Nikkei 1.31% Europe -0.16% Oil $53/bbl Gold $1166/oz. Europe and AsiaAUD: AIG...

Forex News and EventsIs this light at the end of the tunnel? (by Arnaud Masset) Yesterday, the BCB released its weekly survey. And the report showed that even though analysts raised again their...

• Greece: confusion reigns Following the “no” decision in Sunday’s referendum, the confusion and disarray around Greece has only deepened. While Greek PM Tsipras said that a...

A bounce in equity indices is unfolding this morning. With several of the euro group set to meet today, markets are clearly expecting a positive outcome on the Greek debacle Capital controls have been...

We have been stopped out of our short EUR/NOK positionNorges Bank, Greece risk-off and oil drop cause spike higher NOK remains cheap but we prefer to stay on the sideline for now Unforeseen perfect...

Market BriefGreece will walk into the negotiation room today (6 pm CEST in Brussels) knowing that it is its last chance to reach an agreement with its European creditors. Greece has a new finance...

Deal or no deal?Europe is really drinking in the last chance saloon today with another emergency summit of EU leaders to take place this afternoon. Alexis Tsipras was told yesterday by Angela Merkel,...

Stock markets worldwide were lower on Monday after Greece voted not to accept the terms of the proposed bailout. In the aftermath of the vote, Finance Minister Yanis Varoufakis has resigned and...