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Astera Insights

Astera Insights

Insights into Energy

Crude Oil

Memorial Day Celebration – Markets at a Turning point

2015-05-22

Memorial Day Celebration or Panic? While we prepare for Memorial Day barbeques, could the real fire be in Greece? The currency markets are showing growing pessimism over a deal with the Euro down to $1.10 from almost $1.15 last Friday. Greece needs to solidify an agreement to unlock the next €7.2 bailout tranche before its June 5 bond payment due to the IMF.  The ECB announced … [Read more...] about Memorial Day Celebration – Markets at a Turning point

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