Greece approves the reforms required but the #Troika cheque not posted yet – 16th July 2015
As widely expected (and with little alternative) the parliament in Athens begrudgingly approved the tax and pension changes that are a condition of receiving a further bailout. It isn't quite a done deal yet though as Germany and Finland must now legislate to approve the...
#GBP at multi-year highs against #EUR #AUD #NZD #CAD #ZAR. Time to buy? Yes!!
The International Monetary Fund, one of the architects of the latest bailout deal, has cast doubt on the deal it put together by saying Greece will need "debt relief on a scale that would need to go well beyond what has been under consideration to...
Strong EU #PMIs help the #EUR against the #USD
Yesterday evening Angela Merkel, the German chancellor, held a meeting with the International Monetary Fund, the French President, the European Central Bank and the European Commission, to put together a "final offer" to Greece. The conclusion was that "work must be continued with greater intensity"...
Does the UK housing market mirror Sterling?
The Halifax house price index showed monthly and annual increases of 1.4% and 10.2% yesterday which means the average house has gone up by £331 a week. Alongside the house price survey is the Halifax Housing Market Confidence Tracker which showed that 71% of adults expect...