Market Recap: Week of July 20th 2015

Market Recap Global equity markets recorded strong gains last week, buoyed by the perceived end to the Greek crisis, as the Greek government conceded to the demands of their creditors to remain in the single currency. In Europe, the FTSE Eurofirst 300 closed up…

Market Recap: Week of July 6th 2015

Market Recap Global equity markets were drowning in a sea of red last week as the major European equity indices sold off sharply on Monday, following the weekend’s announcement by the Greek government to hold a referendum on the deal being offered by its…

All Eyes on Greece, into the Known Unknown!

European equity markets have opened sharply lower following a ‘No’ vote in the Greek bailout referendum yesterday. Yanis Varoufakis, Greece’s finance minister, has resigned to help the Prime Minister reach an agreement, after certain parties requested his ‘absence’ from the meetings. “I shall wear…

Greek ship stranded at sea without a paddle…..

I’ve written on the Greek drama quite a bit recently, as this crisis has been needlessly dragged out and now appears to be heading for a disorderly eruption, the extent of which Europe’s leaders may be underestimating. The decision by the Greek Prime Minister…

Greek crisis intensifies, the known unknown!

The Greek drama intensified last week causing markets to move erratically. The on-again, off-again deal between Greece and its creditors is fraying on investors’ nerves as the ending is becoming way too close to call. Early week gains on news that an agreement was…

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