The sentiment on stock market:attention threat from Greece

Equity markets accumulate more bad data from China and the rejection of the reform measures by Greece’s creditors, which increased speculation about a possible full-scale bankruptcy of Greece. The country has to meet payments around 9.04.2015 worth 500 million euros and payment of pensions to around 1.5 billion euros a few days later. To be able to meet their payments needs the next tranche of aid, which was blocked by Greece provided to provide a list of reforms to reduce expenditure and increase revenue, a list that does not appeal to creditors. Indexes in Europe stocks started with gap, but began to fill them, which so far has not bullish signal, but simply correction and possible new negative impulse.
Markets expect the data on employment in non-farm payrolls sectors of the US on Friday, when markets are closed for the Easter and caution may prevail, closing the positions, profit taking.
It is possible to witness a new negative impulse today.


 Varchev Traders

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