Written by Gary
Today it is all about Greece. Markets opened almost one percent higher and have gradually melted off the morning highs as a defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal. WTI oil has fallen solidly into a key support on surprising news of larger than expected inventory build, but is expected to rebound fractionally this time around.
Baring any surprising positive news, the markets are expected to fall off fractionally as the U.S. dollar rises, but remain In the green by the closing bell.
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A distracted driver had the fright of his life Saturday (June 27) when he jumped a rising drawbridge in Palm Beach, Florida.
Infographic Of The Day: Integrated Payment System
Whether you operate a restaurant, coffee shop, retail store, or bar, an integrated payment system is crucial to your business’s future success.
FOREX NEWS by DailyForex
The results of the first opinion poll of Greek voters conducted since the weekend’s dramatic events was released this morning by the Efimerida ton Syntakton newspaper. The survey showed 54% voting “NO” and 33% voting “YES” with the remainder presumably undecided.
Opinion polls show that the Greek people want to remain within the Euro. It is probably also true that the Greek government desires to remain within the Euro. Find out what the expert traders at DailyForex.com think about the current Greek crisis here.
With the dramatic events of Friday and Saturday still being considered, the European Central Bank (ECB) met on Sunday and decided that it would not extend Emergency Liquidity Assistance (ELA) to the Greek central bank above its current level of €89 billion.
With d(default)-day right around the corner, Prime Minister Alex Tsipris believes he hasn’t lost the battle just yet. In a television interview several hours ago, Tsipris suggested that European leaders would not have the nerve to kick his country out of the eurozone membership and that the cost of their doing so would be “enormous.”
Last week saw the final trading session for the week, the month and the quarter from the perspective of these summaries. Much of that time has been pre-occupied with the Greek crisis which seems to have come to a head now.
01Jul2015 Pre-Market Commentary: Greece Does About-Face And Accepts Bailout Deal Pushing U.S. Futures Up 0.9%
by Michael Haltman
Is an economic red alert called for?
As the owner of a title insurance provider reliant on a healthy and vibrant U.S. economy that hopefully leads to the same in the real estate market, I am always searching for clues to provide me with indicators both for today and moving forward into the future!
Written by Gary
U.S. stock futures were up almost one percentage point this morning after it was announced the Greek government made an about face and was ready to sign on to a bailout package it threw out just days ago
China brought the Shanghai Composite 5.2% lower today, wiping out all yesterday's rebound gains and back to the Monday post-PBOC crash level.
Markets are expected to open higher
Written by Steven Hansen
The ISM Manufacturing survey continues to indicate manufacturing growth expansion - it again marginally improved this month. The key internal new orders modestly improved and remains in expansion. Backlog of orders returned to contraction.