A summit due to be held today including European Union leaders with regard to the Greek debt crisis has been canceled at the last minute, whilst talks resumed at 9,00am GMT
Read moreAlexis Tsipras is looking at desperate austerity measures to keep Greece in the EU. If Greece leaves, the ECB and IMF will never receive any repayments on the 394 billion euro debt owed by Greece, however if it stays, the Greek population will likely go against any austerity measures, and the Syriza party may look for further bailouts from Europe
Read moreHaving made changes to margin requirements this weekend in the advent of the Greek referendum, Hantec Markets advises its clients that the trading conditions have now returned to normal
Read moreGreece's finance minister Yanis Varoufakis has stated that the country's officials are considering fighting through the courts to remain in the European Union and Eurozone even after defaulting on its £1.1 billion installment, creating an even greater potential burden for the European Central Bank
Read more"Investors are not convinced by the current situation and we have seen euro weaken across the board; overnight during the Asia session, EUR/USD was in free-fall from 1.13s to the 1.12s and further momentum, as the EU market opened, pushed the pair lower. EUR/USD now trades at 1.1160" - Zoe Fiddes, Head of Sales, ORE
Read more