CD South Africa: action, action and more action!

Currencies Direct February 18th 2015 - < 1 minute read

News that Greece has asked for a six-month extension on its loan, but not with the strings attached, is what we would call wishful thinking. With the war of words heating up, German finance minister Wolfgang Schauble ruled this out saying “on the 28th of February at midnight, it’s over”. As if the drama in Greece were not enough, the data calendar is packed with action today. Local inflation and retail sales figures, US inflation as well as the highlight of the US Fed meeting minutes will all be released today. Stay tuned for what could be a volatile day on the markets. Enjoy the day folks!

Commentary by Justin Lodewyk

Written by
Currencies Direct

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