The bullion market was also affected by the Greek debt drama as it shook up the financial markets. Despite the recent rise in volatility, the prices of both gold and silver only slightly decline on a weekly scale. Even the…
The big event of the week will be the aftermath of the Greek referendum — the results are in: 61% voted “No” against the bailout terms of the EU. Besides the Greek Drama, last week the non-farm payroll report was close…
The unlikely has finally happened: Greece has officially missed out on its 1.5 billion euros to the IMF. As a result the IMF also reported it will cut off any IMF financing until Greece pays back this sum. So Greece…
The Greek debt crisis seems to have subsided for now, but it’s still far from over. Here are a several recommended posts you may find interesting as of June 26th: Yohay Elam in Forexcrunch analyzes the growing concerns over…
There are still major concerns over the Greek debt resulting in high uncertainty in the financial markets with crude oil prices falling, gold and silver remaining high and the Euros to US dollar exchange rate shifting direction on a daily…