Author - Treven Ayers

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The Greek Tragedy and a Chinese Fire Drill

The Greek Tragedy and a Chinese Fire Drill

Greece had been edging towards an exit of the Eurozone.  Global market risk, while elevated from the news, had generally suggested that the direct outcome of this event would be limited / falling well short of anything that would constitute a genuine crisis.  China, on the other hand, has emerged as a much more substantial issue with the weakness in the local Chinese market spilling into Hong Kong and global equity markets.

Until matters stabilize in China this will certainly continue to be the main driver of financial markets, and even the impact of a favorable end to the Greek …

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