To trade forex, gold, commodities, the stock market, and futures you need to be aware of how international strategic motivations affect market sentiment. Prices are driven by "groupthink" perceptions of the unknowable future. News is incomplete or manipulated. We try here to penetrate beneath the spin to understand how strategic interests, international politics, and strategic mistakes affect future sentiment, to forecast price trends.
Greece has not been rescued yet, despite recent media relief. The second bail-out remains conditional upon Greece implementing the agreed but unpopular measures, within five days. The risk of financial contagion will remain until European finance ministers approve Greece's remedial actions, and until private bondholders agree to their haircuts, which has not yet happened. If any bondholder who refuses a haircut exercises CDS bond insurance, financial repercussions would be global.
The next Greek sovereign debt repayment of 14.5 euros falls due on March 20. (See Greek debt.)