daily commentary 1072015

Daily Commentary 1/07/2015

The Aussie dollar was the best performing G10 currency yesterday but with the Chinese manufacturing PMI coming in lower, the rally is probably over. Greece defaulted on its IMF payment and while banks remain closed, a last ditch attempt by their prime minister to secure funding was refused. It all hinges on their referendum on…

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https://www.youtube.com/watch?v=GWqf-_Sl690

The Aussie dollar was the best performing G10 currency yesterday but with the Chinese manufacturing PMI coming in lower, the rally is probably over.

Greece defaulted on its IMF payment and while banks remain closed, a last ditch attempt by their prime minister to secure funding was refused. It all hinges on their referendum on Sunday now with the result finely balanced.

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