Opiniones
07.08.2015, 17:09

Weekly review: Next round of the Greek drama?

The Greek debt crisis and the first interest rate hike remain in focus, whereby the Greek debt crisis receded a little into the background. But I think the negotiations on the third Greek bailout programme will be difficult. The European Commission hopes to reach a deal by August 20 as Athens will have to repay €3.4 billion loans to the European Central Bank on August 20.

The German newspaper Bild reported yesterday that the German government doubts that a deal on a third bailout programme for Greece can be reached in August. The government believes that Greece will need another bridge loan.

In my opinion, another bridge loan will be needed as negations between Greece and its creditors has always been very tough. As the deadline approaches market participants will focus again on the Greek problem.

Market participants were focussed on the Fed this week. They were awaiting the release of the U.S. labour market data, with the hope, that the labour market data would be better than expected. But the labour market data was mixed. The U.S. economy added 215,000 jobs in July, missing expectations for a rise of 223,000 jobs, after a gain of 231,000 jobs in June. The U.S. unemployment rate remained unchanged at 5.3% in July, in line with expectations. Average hourly earnings rose 0.2% in July, in line with forecasts, after a flat reading in June.

Many market participants are awaiting that the Fed will start to hike its interest rate in September, despite the weak wage growth figures and low inflation. They will closely monitor the incoming U.S. economic data ahead of the next Fed monetary policy meeting in September.

I think the recent U.S. labour market data would not convince all Fed officials to start raising its interest rate in September.

Markets are expected to be volatile as investors remained focussed on the U.S. economic data and the Greek debt problem. It is likely that the currency pair EURUSD will test the level of $1.1000, maybe even the level of $1.0900, if a deal between Greece and its creditors is not reached or if the U.S. economic data will be negative. If there are some problems in the negotiations between Greece and its lenders or if the U.S. economic is better than expected, the currency pair EURUSD may test the level of $1.0800.

  • Nombre: Konstantin Meinhardt
Cotizaciones
Instrumento Bid Ask Tiempo
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY
XAGEUR
XAGUSD
XAUUSD

©2000-2024. Todos los derechos reservados.

El sitio es administrado por Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

La información presentada en el sitio, no es una base para tomar decisiones de inversión y es proporcionada sólo con fines informativos.

La empresa no atiende ni presta servicio a clientes residentes en Estados Unidos, Canadá y los países incluidos en la lista negra del FATF.

Resumen del sitio web AML

Advertencia de riesgo

La realización de operaciones comerciales en los mercados financieros con instrumentos financieros de margen, abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a comercializar, se debe tomar de manera responsable a la cuestión de elegir la estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.

Política de privacidad

Uso de información: al usar completamente o parcialmente los materiales del sitio, el enlace a TeleTrade como fuente de información es obligatorio. El uso de materiales en Internet debe ir acompañado de un hipervínculo al sitio teletrade.org. Importación automática de materiales e información del sitio está prohibida.

Para cualquier duda o pregunta, póngase en contacto con pr@teletrade.global.

transferencias
bancarias
Realimentación
Chat en línea Correo electrónico
Arriba
Escoge tu idioma / localización