A critical week for Greece and Europe
Jun 21, 2015 21:24 pm UTC| Commentary
Monday marks the most critical date yet for Greece in the ongoing talks; the Eurogroup starts at 12h30 CET and the Euro Summit at 19h00 CET. With just 9 days left before the current bailout expires and 1.54bn falls due to...
European focus this week should be on Greek discussions
Jun 21, 2015 21:11 pm UTC| Commentary
The main European focus this week should be on Greek discussions which remain very fluid. On Friday, the ECB again raised the ELA limit for Greek banks. Todays emergency Eurogroup meeting offers the next potential for a...
Jun 21, 2015 20:54 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields ranged between 1.88% and 1.94%, while the 10yr ranged between 2.91% to...
Jun 21, 2015 20:53 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields fell from 2.32% to 2.26%, despite the ECB/Greece news and Fedspeak. Fed members Williams and Mester spoke, the former expecting two hikes in 2015 while the latter was less...
Jun 21, 2015 20:52 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: The 1.1300 area should provide some resistance.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ is currently in easing mode. Expected...
Jun 21, 2015 20:51 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Holding above 0.6880 for now but we favour it lower during the week ahead.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3...
Jun 21, 2015 20:50 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Retains a mild positive bias but will probably sit between 0.7700 and 0.7800 today.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned