Greece referendum: ‘No’ vote to cost Eurozone 2.4% of GDP – RBS

FXStreet (Barcelona) - RBS research analysts predict a Eurozone GDP hit of 2.4% if the Greece referendum results in a ‘No’ vote, notes Brian Daingerfield, FX Trading Strategist at RBS.

Key Quotes

“Our credit research colleagues estimate that the cost of a no-vote in the referendum on Sunday would cost 2.4% of Euro-area GDP, or around €239bn."

"The ECB is due to hold a non-monetary policy meeting tomorrow where, according to ECB member Nowotny, the ECB will discuss whether to extend the ELA.”

Jul 1, 2015

Greece crisis: Be prepared to take advantage of pullbacks in European equities – Standard Chartered

The Wealth Management Team at Standard Chartered suggests staying invested in European equities through short-term volatility and taking advantage of any pullbacks due to the Greece crisis, but with caution.

Prorata Greek referendum poll: 'No' leading but 'Yes' catching up

Another Greek bailout referendum opinion poll is out, conducted by prorata polling institute for efimerida ton synatkton newspaper, with responses before bank closure showing yes 30 pct, no 57 pct, don't know 13 pct, while responses after bank closure have seen yes 37 pct, no 46 pct, don't know 17 pct.