Thursday, July 2, 2015

THURSDAY 7/2/15; SSEC Drops Below 4K; Greece in Limbo Until Sunday Referendum; Monthly Jobs Report; Factory Orders

As Asian indexes are set to begin trading, US futures are a hair lower. S&P -2. Dow -9. Nasdaq -3. Global markets may idle sideways until the US Monthly Jobs Report at 8:30 AM EST (1:30 PM UK time). The jobs report is released one day early due to the holiday weekend. US stocks will not trade again until Monday morning after today’s session ends.

The NIKK begins trading +1% higher. The KOSPI is up +0.2% and the SPASX200 is up marginally to begin the Asian trading.

The NIKK ends the session 

















[Text is Redacted: Purchase July 2015-07 to Read the Complete Chronology]







































Greece needs 60 billion euros ($67 billion) over the next three years. Greece is insolvent and bankrupt. Protests in Athens become violent with police using tear gas and pepper spray to control crowds. Greeks are hoarding food and other goods. Hospitals delay surgeries as supplies are very low. Imports have stalled due to the bank closures. The Greece economy is slip-sliding away.

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