Archive - Mar 23, 2015 - Story

Tyler Durden's picture

Buying Euphoria Fizzles Ahead Of Make Or Break Tsipras-Merkel Talks

Submitted by Tyler Durden on 03/23/2015 05:53 -0500



As previously observed (skeptically), a main reason for the surge in the DAX, and thus the S&P, on Friday was premature hope that the Greek talks earlier were a long-overdue precursor to a Greek resolution, and as we further noted yesterday, subsequent bickering and lack of any clarity as we go into today's critical "final ultimatum" meeting between Merkel and Tsipras, is also why the Dax was lower by 1.1% at last check, even if the EURUSD continues to trade like an illiquid, B-grade currency pair whose only HFT purpose is to slam all stops within 100 pips of whatever the current price may be.

 
»

RANSquawk Video's picture

RANsquawk - Week Ahead - 23rd March 2015

Submitted by RANSquawk Video on 03/23/2015 05:52 -0500



 
»
Do NOT follow this link or you will be banned from the site!