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HSBC's Top 10 Market Risks For 2016
Tuesday, December 8, 2015 - 2:17pm | 487In a new report, HSBC analyst Fredrik Nerbrand named the firm’s top 10 market risks for 2016. Here’s a breakdown of the list. 2016's Top 10 Risks 1. U.S. Capex Recovery In this scenario, U.S. labor markets will continue to improve leading to strong profits, higher capital spending, wage...
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Things Are Looking Brighter For Europe
Monday, October 12, 2015 - 1:41pm | 397It has been a turbulent year for the eurozone after investors quickly lost faith in the continent's ability to stick together throughout Greece's budget crisis. However, the region proved naysayers wrong and made it through a period of severe instability. Now, many are beginning to regain some...
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Greek Shippers Look For Better Deals Abroad
Thursday, October 1, 2015 - 8:42am | 420Greece's Syriza-led government is caught between a rock and a hard place now that it has agreed to EU mandated spending cuts in order to continue receiving its bailout payments. On one hand, Athens would be unable to stay afloat without continued financing from its EU creditors. However,...
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Goldman Visited Greek Banks And Believes Things Will Get Worse Before They Get Better
Tuesday, September 29, 2015 - 4:37pm | 398Goldman Sachs recently visited Greece and met with members of the banking community to get an update on conditions within the sector. Although immediate liquidity is no longer a concern due to capital controls, bank sentiment remains low. Goldman predicts that the downturn in Greece will...
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Playing With PIIGS...ETFs That Is
Tuesday, September 22, 2015 - 3:36pm | 693There are still pockets of weakness among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), the countries previously and some still known as Europe's problem children, but investors should not outright shun opportunity with the PIIGS. These Little PIIGS Went To Market Entering Tuesday,...
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Syriza Returns To Power In Greece
Monday, September 21, 2015 - 9:26am | 435Greece's leftist Syriza party was able to secure enough votes to form a coalition government over the weekend, putting party leader Alexis Tsipras back into the spotlight. Tsipras saw about half of his party abandon him earlier this year when he agreed to a reform deal with EU leaders in...
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Greek Elections Unlikely To End Uncertainty
Thursday, September 17, 2015 - 9:45am | 342This weekend, Greeks will head to the polls to elect members of the country's parliament after a turbulent year fraught with elections, demonstrations and political upheaval. However, Greek voters appear to be fatigued by the nation's political and economic trouble, making the outcome...
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Greece Suffers Another Market Classification Demotion
Monday, September 14, 2015 - 10:14am | 592Greece, a country that seemingly holds elections as frequently as some people change socks, is doing just that next week, that is holding more national elections, but in advance of those elections the Global X FTSE Greece 20 ETF (NYSE: GREK) has other issues with which to contend. Last week,...
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How The Options Market Is Looking This Week
Tuesday, September 8, 2015 - 1:51pm | 1120Get a full recap of this week's outlook in the video below: Scoreboard With the lack of hopium sources, equity markets ended the week on a sour note. Friday The Friday close was largely saved from much worse results by Apple Inc. (NASDAQ: AAPL) mightily defending the 108.5 level (see the...
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China Complicates Matters For The Fed
Tuesday, August 25, 2015 - 12:33pm | 390The recent selloff in markets around the world has underscored just how fragile the global economy can be. Concerns about China are giving investors reason to worry about stability and presenting a challenge for policymakers, especially in the United States where the Federal Reserve has been...
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Greek Island To Test Cryptocurrency Program
Monday, August 24, 2015 - 7:43am | 331The tiny Greek island of Agistri has been particularly hard-hit by the nation's financial troubles. Capital controls forced residents of the tiny island to travel by boat to the mainland in order withdraw their daily ration of cash after Agistri's one ATM quickly ran out of cash. The...
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European Markets Still Uncertain With Greek Elections On The Horizon
Friday, August 21, 2015 - 7:31am | 403This weekend, Greeks will head to the polls to elect a new parliament in the wake of the nation's turbulent bailout negotiations. This weekend's vote represents another big turning point in Greece's debt saga as the anti-austerity Syriza party is favored to win, albeit without an...
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Greeks Begin To See An Opportunity In Bitcoin
Thursday, August 20, 2015 - 1:27pm | 397While Greece's financial problems have begun to fade from the international spotlight, the nation is still struggling as capital controls and a shaky government weigh on everyday life. Greeks are still unable to withdraw more than €60 each day and transferring money into foreign bank accounts is...
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Greek Bailout Talks Drag On
Monday, August 10, 2015 - 11:18am | 383If you thought the eleventh hour negotiating between Greece and its creditors was over, you thought wrong. Although the nation has been out of the news after a preliminary bailout agreement was made, Greek policymakers are still bargaining with EU officials to get their hands on more cash and...
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Greek Markets Reopen To Chaos
Monday, August 3, 2015 - 6:38am | 328On Monday morning, Athens' stock exchange reopened after being shut down for five weeks. In an effort to keep the nation's financial system from crashing, Greek policy makers enacted capital controls which included the closure of share markets earlier this summer. However as predicted,...