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Tuesday, 7 July 09:13 (GMT -05:00)



Hot news

International Banks Predict Grexit


Some of the world’s biggest financial institutions predict the so-called Grexit (stands for Greek exit from the Eurozone) after the recent referendum conducted over the weekend. The referendum resulted in the NO answer to the offer made by the troika of lenders, Market Leander reports. It is reported that the list of banks predicting the Grexit includes JPMorgan Chase & Co, Barclays, Societe Generale and the Royal Bank of Scotland .

 
Publication date: 06 July 05:19 PM

 

Predictions For Greece After Referendum

Yesterday’s referendum in Greece resulted in “NO” to the troika of lenders. This means that Greece is not going to practice deeper austerity and perform structural reforms required to get further financial aid from the ECB / EU and the IMF, not to mention debt restructuring.

Publication date: 06 July 04:53 PM

FOREX. USDCHF Outlook

 

According to the recent KOF report, the economic conditions in Switzerland deteriorated in June 2015, Market Leader reports. In particular, the experts say that the deterioration took place mainly due to some negative tendencies in the domestic manufacturing sector.
 
Publication date: 05 July 04:54 PM

FOREX. GBPUSD Outlook

 

The UK’s manufacturing sector showed some growth in June. Market Leader reports. This is confirmed by the recent report published by Markit/CIPS. Amid the positive dynamics seen in general, the analysts report a slowdown in the pace at which the sector is growing.
 
Publication date: 05 July 04:42 PM

Greece Urgently Needs 50 Billion EUR, IMF Says

According to the recent report on Greece published the IMF, the Greek financial system urgently needs 50 billion EUR to survive the current crisis and to revive the economy. Still, in order to do that, Greece need to meet certain conditions put forward by the lenders. It is reported that if there is such a financial aid, 36 billion EUR of it will come from European funds.

Publication date: 04 July 07:12 AM

Greek GDP Will Collapse By 20% In Case Of Grexit, S&P Predicts

According to the recent forecast made by Standard & Poor's, Greece may see its GDP decline by 20% over the next 4 years if it quits the Eurozone.

 
Publication date: 04 July 05:47 AM

HTC Announces New LTE Smartphone

 

According to HTC, the company is getting ready to launch a new LTE smartphone. In particular, this device is going to support 4G LTE networks. These technology is currently being tested in the USA by the FCC.  The official FCC website says that a device with a identification number FCC NM80PM9110 is going to support 5 networks - — 700 MHz, 850 MHz, 1700MHz, 1900MHz and 2600MHz for FDD-LTE 4G,the Hi-Tech Department of Market Leader reports. The new device is also going to support Wi-Fi 802.11 b/g/n and Bluetooth.
Publication date: 02 July 04:59 AM

Greek Default Crashes Oil Prices

 

Masterforex-V Academy reports that oil prices are falling down again. Apart from natural triggers, the market is influenced by the news from Greece. The thing is that Greece was obliged to pay the IMF 1,6 billion EUR a couple of days ago. However, this didn’t happen, which means that Greece has now defaulted on its debt.
Publication date: 01 July 10:32 AM

Overcoming Default, Worldwide Cases

Ukrainian lenders and professional advisors dealing debt restructuring are going to meet in New York this week. The meeting is designed to discuss some technical issues related to the structure of the Ukrainian debt and clarifying those ambiguous points that seem unclear to the holders of Ukrainian bonds, Market Leader reports.

Publication date: 01 July 09:57 AM

Greek Crisis Has Political Rather Than Financial Roots

The increasing amount of political disagreements and confrontations in Europe may seem the result of a tough “end-game” in a “chess game” between Greece and the troika of international lenders.

 

Publication date: 01 July 09:55 AM

Apple Releases Apple Music and iOS 8.4 Update

 
Apple has just launched Apple Music, a new music streaming service. At the same time, the world-famous corporation has just released a new update of iOS8. This time it is iOS 8.4. The rumors about the new update have been around since April, the Hi-Tech Department of Masterforex-V Academy reports.
Publication date: 01 July 07:25 AM