News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • 🇬🇧 Gfk Consumer Confidence (APR) Actual: -15 Expected: -12 Previous: -16 https://www.dailyfx.com/economic-calendar#2021-04-22
  • 🇦🇺 Markit Manufacturing PMI Flash (APR) Actual: 59.6 Previous: 56.8 https://www.dailyfx.com/economic-calendar#2021-04-22
  • 🇦🇺 Markit Services PMI Flash (APR) Actual: 58.6 Previous: 55.5 https://www.dailyfx.com/economic-calendar#2021-04-22
  • Heads Up:🇬🇧 Gfk Consumer Confidence (APR) due at 23:01 GMT (15min) Expected: -12 Previous: -16 https://www.dailyfx.com/economic-calendar#2021-04-22
  • Heads Up:🇦🇺 Markit Manufacturing PMI Flash (APR) due at 23:00 GMT (15min) Previous: 57 https://www.dailyfx.com/economic-calendar#2021-04-22
  • Heads Up:🇦🇺 Markit Services PMI Flash (APR) due at 23:00 GMT (15min) Previous: 55.5 https://www.dailyfx.com/economic-calendar#2021-04-22
  • The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It is also referred to as the monthly market mover. Find out why it has been given this nickname here: https://t.co/yOUVEEqhc5 https://t.co/VdMWO5QRoe
  • Despite retreating from highs near $2,650, Ethereum remains up over 3% on the day $ETH #Ethereum https://t.co/qwpfMJVqTA
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.08% 🇨🇭CHF: -0.00% 🇨🇦CAD: -0.05% 🇦🇺AUD: -0.61% 🇳🇿NZD: -0.64% 🇬🇧GBP: -0.65% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/UMdcR4ZNnz
  • Canadian ban on passenger flights arriving from India and Pakistan will last for 30 days - Reuters via BBG $CAD
Greek Checklist of Reforms to Receive the Second Bailout

Greek Checklist of Reforms to Receive the Second Bailout

Trang Nguyen,

THE TAKEAWAY: Greek Government Has 7 Days to Complete the Checklist of Reforms to Get the Second Bailout > Failure to Comply will Lead to a Disorderly Default > Greek Default Pushes the Country out of The Euro Zone and Causes Incalculable Consequences for Europe

The Greek government has been given seven days to complete a lengthy checklist of reforms demanded by its international creditors to win a €130 billion bailout that would theoretically avert a disorderly default next month. The checklist includes 38 specific conditions in Greek tax, spending and wage policies that must be passed by parliament, ministerial decisions and presidential decrees.

Below is a partial list of the necessary measures that must be completed before Euro Zone Finance Ministers meet for their scheduled gathering next Thursday:

  • Accept financial oversight from foreign “inspectors”
  • Rewrite its constitution to give priority to debt service, cut its budget by a further euro 325 million to meets its debt reduction targets through “additional structural spending cuts” (Passed)
  • Reduce public pensions by an additional €300 million (Passed)
  • Slash its public investment budget by euro400 million, to be achieved “through cuts in subsidies to private investments and nationally financed investment projects”
  • Establish an escrow account that can be tapped only by holders of Greek debt
  • Pass legislation to liberalize the country’s closed profession such as beauty salons, tour guides and diet centres
  • Complete 75 full-scale audits and 225 value added tax audits of large taxpayers
  • Fire under-performing tax collectors
  • Buy a new computer system for tax collectors
  • Tightening rules against bribery
  • Prepare at least two large state-controlled companies for sales
  • Overhaul judicial procedures
  • Centralize health insurance
  • Reduce state spending on pharmaceuticals by euro1.1 billion
  • Change the way drugs are prescribed
  • Complete an accurate land registry
  • Change the way drugs are prescribed
  • Set minimum crude oil stocks

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES