Archive for June 26th, 2015

Foreign Exchange Insights and Next Week

Next Week

June 26, 2015

Central Banks:  Interest rate policy meetings at Swedish Riksbank and National Bank of Romania.  Bank of England Financial Stability Report and ECB “Account” of Governing Council meeting get published.  Reserve Bank of Australia Governor Stevens delivers a speech. Holidays:  Canada Day on Wednesday and U.S. Independence Day (observed) on Friday. Special Events:  Greek $1.5 billion […] More

New Overnight Developments Abroad - Daily Update

Big Drop in Chinese Stock Market and an Unresolved Greek Debt Crisis

June 26, 2015

Equities slumped 7.9% in China, 2.3% in Hong Kong, 1.5% in Australia, 0.9% in Singapore but fell just 0.3% in Japan. Greece dominates today’s meeting of eurozone finance ministers, which will be followed by a 2-day summit of EU leaders.  The Greek government never resubmitted a revised reform plan, after Monday’s offering was rejected by […] More