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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.16+0.2%Jan 12 4:00 PM EST
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To: Qualified Opinion who wrote (71682)6/5/2015 10:21:27 AM
From: Ms. Baby Boomer1 Recommendation

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Hawkmoon

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Fitch: Greece IMF Bundling Highlights Extreme Liquidity Pressure...

Missing the larger end-June payment to the IMF would be credit negative. If no outline agreement between Greece and the institutions were in place, it would increase the risk that the ECB restricts Emergency Liquidity Assistance (ELA) to Greek banks. This may ultimately lead to restrictions on the banking sector to reduce liquidity strains, including capital controls....


reuters.com
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