Greek drachma is now on trader's Bloomberg terminals

[Jog On]

XGD Greek Drachma Bloomberg - Business Insider

Looks like the writing may be on the wall.....

[BrilloPad]

Seems to be alot of pple worried about what will happen over the 4 day break. I hope they are wrong.

[aussielong]

XGD Greek Drachma Bloomberg - Business Insider

Looks like the writing may be on the wall.....

This is true, traders in work asking for drachma to be put into the system i work on.

[amcdonald]

XGD Greek Drachma Bloomberg - Business Insider

Looks like the writing may be on the wall.....

It's all greek to me

[Paddy]

"POST Euro Spot" That looks like the old Drachma to Euro.

[cojak]

An update says it's been removed.

Bit of a c0ck-up there I think,

[gingerjedi]

When Iraq changed currency they flew in 40 jumbo jets overnight so it wouldn't be something that could be prepared for without going unnoticed.

That was on R4 so it's true. FACT

[BrilloPad]

In Europe, a lot indicates it has “died”
The market cap of the Italian Financial sector is now the same as the market cap of Colgate-Palmolive ($47bn).
The market cap of all Euro-zone Financials ($361bn) is less than that of Canadian Financials ($377bn).
The market cap of Spain and Italy equities combined ($396bn) barely exceeds that of Taiwan ($368bn).
The market cap of Portugal equities ($16.4bn) is the same as that of Whole Foods, the 191st largest stock in the S&P 500.
The market cap of Greece equities ($5.8bn) is the same as that of TripAdvisor, the 400th largest company in the S&P 500.
The CDS of Portugal exceeds Veneuela’s, the CDS of Italy exceeds Lebanon’s and the CDS of Spain substantially exceeds Iraq’s.
Bond markets seem to be indicating the world is coming to an end…
The US 10 year Treasury yield (1.56%) is just 1bp away from its 200-year low of 1.55% set in November 1945.
The Dutch 10 year government bond yield (1.61%) is the lowest in the past 500 years.
The German 10 year bund yield (1.20%) is the lowest in the past 200 years (bar the hyperinflation period of 1923/1924).
The French 10 year government bond yield (2.36%) is at a 260-year low.
The UK 5 year government bond yield (0.63%) is at a 110-year low.

[d000hg]

I don't really follow the FTSE but how come it isn't plunging every day? Does the UK feel insulated from all this mess? I know it's fallen, but not free-fallen.

[DodgyAgent]

I don't really follow the FTSE but how come it isn't plunging every day? Does the UK feel insulated from all this mess? I know it's fallen, but not free-fallen.

If the Euro collapses then the UK will also suffer heavily