They sure made it seem like a "nail-biter", but as we had suggested (June 24 blog) the Euro needs the weakness that Greece gives it for the purposes of euro area exporting countries' economic recovery (cheap Euro makes export prices more attractive).
Assuming all the necessary parliamentary ratification takes place, hopefully we can put this to bed for a while and move on with more important matters and our 2015 themes:
Expect The Unexpected.
On Tap for this week:
BOC bank rate announcement on Wednesday: it's 50-50 among the experts for a 1/4% rate cut.
Scott Tomenson,CIM Managing Partner, Chief Investment Strategist