The value of the euro collapsed as Greece remains in the EU, whilst militant protesters rioted during the night in Athens, throwing petrol bombs and burning parts of Syntagma Square. A third bailout would mean another 89 billion euros of funding, with little hope of repayment
Read moreHaving doubled its margin requirements in the advent of market uncertainty over the Greek debt crisis, Hantec Markets has now restored the margin requirements to normal
Read moreA 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 moreLeverage on all positions with EUR and JPY pairs, as well as with GBP/USD and AUD/USD, will be capped at 50:1 starting from Friday.
Read moreAs of Friday 10th July, Hantec Markets will double its margin requirements as a result of market uncertainty created by the Greek situation
Read moreBanks will remain closed and capital controls in place in Greece until Wednesday this week as firebrand prime minister Alexis Tsipras attempts to retain the Euro. With debt to GDP ratios high in many other EU member states, the effect of an unpaid 345 trillion euro debt to the ECB looks likely to become his legacy
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 moreGoldman Sachs: "In one year's time, the Euro will be fetching just 95 cents"
Read moreDutch Finance Minister Jeroen Dijsselbloem said it would be "crazy" to extend the Greek bailout beyond its midnight expiration as Athens was refusing accept the European proposals on the table
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