Suddenly the financial markets are saying a Greek exit from the euro is a big deal
After weeks of complacency—a deal will be negotiated!—the market is suddenly alive to the possibility that it won’t. The Greek government continues to refuse to surrender on what it calls its “red line” issues
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Show me the euros! Greek government continues to claim the progress is being made on a debt deal. No one else sees it, though
Today the International Monetary Fund, one of the sources of any cash for Greece, explicitly put the kibosh on any quick and dirty deal. It’s work out all the details or no cash, the IMF said. And European leaders made it clear that they would not go ahead with any cash for Greece without the IMF
European Central Bank buys a few more days for Greek deal
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...It’s dollar on today so the euro and oil are down but European stocks are up
Today the trade is “dollar on” after encouraging economic news from the U.S. housing sector and a drop in the euro after a very strangely timed speech by a member of the European Central Bank
Cash flight from Greek banks accelerates after Greek government promises never to touch Greeks’ bank accounts
The flight of cash from Greek banks may do what European politicians and the Greek government have been unwilling or unable to do: And that’s to say, Enough. It’s over.
Trick or Trend: Is there anyway to play the very clear current market trend?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Saturday Night Quarterback says, for the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Same old, same old: Dollar falls on negative U.S. economic news and takes European stocks with it
The week ended with the recent market pattern intact—and in command. Negative news on the U.S. economy pushed the dollar—and associated commodities such as oil lower. European markets retreated on fears that a stronger euro would reduce export growth.
On slower than expected U.S. retail sales, a weaker U.S. dollar again pressures shares of European exporters
Today’s pattern is a familiar one lately: Negative news on the U.S. economy sends the dollar lower, which pushes the euro higher, which leads to downward pressure on European stocks on fears that a stronger euro will hurt European exports