Greece EUR1.6bn loan repayment to the IMF is due on Tuesday. The ongoing negotiations between the Greek government and the creditor institutions continue to be in focus as no deal has been reached yet. The deadline for r…
Greece EUR1.6bn loan repayment to the IMF is due on Tuesday. The ongoing negotiations between the Greek government and the creditor institutions continue to be in focus as no deal has been reached yet.
The deadline for reaching a deal seems to have moved into this weekend, as another euro group meeting has been confirmed for Saturday. If no deal is reached over the weekend, it is increasingly likely a bank deposit freeze will be introduced on Monday as the deposit flight from Greek banks would most likely resume.
"We still believe an accord will be reached in time and it seems that the differences have narrowed recently." says Danske Bank Markets
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
