Greek Stocks Soar Most Since Election On Deal Hopes

Greek Stocks are up over 7% this morning as yesterday's denied deal rumors have escalated into great deal hopes amid bank deposit runs and ELA increases. For context this brings the Athens index back to 3-day highs and is the biggest move since the optimistic surges we saw right after Tsipras was elected in late-January...

 

Greece soars to... 3 day highs.

 

It's not like we have not seen this before...

 

Charts: Bloomberg