The Day Today

"The Day Today" - 6 July 2015

GREECE

* Varoufakis resigns: “an idea the prime minister judged to be potentially helpful to him in reaching an agreement” as he has been “made aware” some members of the Eurozone didn’t want him at the negotiating table
* Tsakalotos: “We are not discussing a parallel currency… I do not think…that they are going to throw us out.

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"The Day Today" - 1 July 2015

GREECE

  • Greece becomes first developed market economy to default to the IMF
  • “We will not become the last Soviet state”: banner at the pro-Euro Yes vote rally yesterday
  • European issuance drops this week: $335m of EUR-denominated Corp bonds compared to $1.2bn a day last week

* Fed’s Bullard: issues in Europe “would not change the timing of any rate hike.

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