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European Markets Hope For Greece Deal By The End Of The Day
Monday, June 22, 2015 - 7:16am | 339Read More...European markets will be holding their collective breath on Monday as Greece and its creditors attempt to make a last minute deal before the nation defaults on its International Monetary Fund loan on June 30. Greek Prime Minister Alexis Tsipras has submitted a final reform proposal which he...
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Greece, Financial And Extended Market ETFs To Watch This Week
Sunday, June 21, 2015 - 10:48am | 507Read More...The major indices managed to finish in the green last week despite striking a somber note on Friday. Now the markets will open trading on Monday with the onus on the bulls to extend the recent move higher. The SPDR S&P 500 ETF (NYSE: SPY) is within striking distance of all-time highs, yet...
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Greek Central Bank Gets More Liquidity Assistance
Saturday, June 20, 2015 - 12:02pm | 305Read More...A bank run in Greece prompted European Central bank officials to boost emergency lending for the second time in two days, according to multiple reports Friday. The ECB increased its liquidity assistance by about $2 billion on Friday following a request from the Bank of Greece. About $1.25...
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No Deal In Thursday's Greek Bail-Out Talks
Thursday, June 18, 2015 - 3:38pm | 331Read More...It was no deal again Thursday for Europe's finance ministers seeking an agreement to keep Greece in the eurozone. European heads of state are expected at a meeting Monday called by European Council President Donald Tusk, according to multiple reports concerning the four-hour meeting. A current...
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Despite Deteriorating Talks, Bookies See Greece In Eurozone
Thursday, June 18, 2015 - 8:31am | 345Read More...Online betting operations aren't just for sporting events. Sites like Ladbrokes and William Hill allow people to put money on the outcome of political events like important elections, major policy decisions, and now, the result of Greece's bailout talks. Bookies See Resolution Despite...
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ETF Investors Aren't Afraid Of Greek Default
Tuesday, June 16, 2015 - 5:17pm | 492Read More...The continuing saga over a Greek sovereign default has seemingly reached critical mass. Market watchers are divided over whether a deal can be reached to meet financial obligations and set the country on a sound fiscal course. The Global X FTSE Greece 20 ETF (Global X Funds (NYSE: GREK)) is the...
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NYSE Floor Trader Jonathan Corpina: Greek Crisis Won't Move U.S. Markets
Friday, June 12, 2015 - 4:34pm | 437Read More...Jonathan Corpina was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Major stock indices were lower Friday on fresh worries of a Greek government default, but a New...
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Best And Worst ETFs Of The Week Amid A Sputtering Market
Friday, June 12, 2015 - 2:27pm | 457Read More...Stocks experienced pronounced swings in both directions this week, yet the major indices ultimately finished near the flat line. The lack of conviction over the last six months has frustrated many long-term investors who have become accustomed to consistent gains in the market. The SPDR S&P...
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Could Bitcoin Save Athens?
Friday, June 12, 2015 - 8:18am | 392Read More...After the International Monetary Fund turned its back on debt negotiations with Greece on Thursday, many began to worry that the nation's efforts to appease creditors while reversing austerity cuts would prove to be fruitless. With a €1.5 billion payment due at the end of this month,...
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Bank Of Canada: Greek Default Now 'More Likely'
Thursday, June 11, 2015 - 3:34pm | 387Read More...The Bank of Canada recently released its June 2015 Financial System Review on Thursday and briefly commented on the financial stress situation in the euro zone and the probability for a default in Greece. The Bank of Canada stated that the ongoing financial stress in Europe leads to global...
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Greek Banks Struggle To Handle Deposit Outflows With Default Fears Rising
Thursday, June 11, 2015 - 11:26am | 319Read More...On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been unable to reach a deal with its creditors over its next installment of bailout funding and with just...
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Greece Puts Off IMF Payment, Debt Deal Still In Limbo
Monday, June 8, 2015 - 12:58pm | 467Read More...Despite months of negotiations, Greece has been unable to secure its much-needed next installment of bailout funding. The nation has been struggling to stay afloat financially; its loan repayment to the International Monetary Fund came due on Friday, but Athens put the payment off in order to buy...
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Analyst Says July 20 Is 'Real Crunch Point' For Greece
Friday, June 5, 2015 - 2:52pm | 269Read More...Greece, which deferred making key debt payments Thursday, is likely to remain a member of Europe's monetary union, an analyst said Friday. "Our central forecast remains that Greece will stay in the eurozone," HSBC's Fabio Balboni said. A survey released Friday by Greek...
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Credit Suisse: 5% Chance Of 'Complete Financial Collapse' In Greece
Friday, June 5, 2015 - 8:35am | 341Read More...In a report published Friday, Credit Suisse analyst Sean Shepley discussed the likelihood of a Greece default, or a "Grexit" from the European Union. According to Shepley, a deal between Greece and its international creditors will be made by June and would cover the country's...
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Greek Stocks Lower On U.S. Exchanges Following Debt Deferment
Thursday, June 4, 2015 - 3:18pm | 339Read More...Greece reportedly surprised its creditors Thursday with a plan to defer a $350 million payment due Friday to the International Monetary Fund. A number of Greek stocks trading on U.S. exchanges were lower on the news. The National Bank of Greece (ADR) (NYSE: NBG) dropped nearly 7.9 percent to...














