SaxoTV

Greece and your portfolio - time to panic?

760 views
June 29, 2015 bailout, contagion, default, defaulting, ecb, ecb action, ecb draghi, ecb euro, ecb news, ecb policy, economics, economy, equities, equities saxo, equities trading, equity, equity bubble, equity index, equity market, equity markets, equity portfolio, equity portfolios, equity research, equity strategy, equity trading, eur, euro, euro area, euro dollar, euro zone, eurodollar, europe, european, european central bank, european economy, eurozone, eurusd, greece, greece bailout, greece collateral, greece crisis, greece debt, greece debt crisis, greece europe, greece european union, greece exit, greece money, greek, greek bailout, greek banks, greek bonds, greek collapse, greek crisis, greek debt, greek debt ecb, greek debt talks, greek economy, greek election, greek finance minister, greek finances, greek negotiations, greek prime minister, greek talks, greekdebt, green investments, greexit, grexit, imf, imf eurozone, imf forecast, imf greece, imf loans, imf payment, peripheral, periphery
Saxo Bank's Head of Macro Strategy, Mads Koefoed, assesses market reaction at the beginning of what is expected to be another turbulent week as the Greece saga drags on. 

The Dax dropped by around six percent as European equities initially reacted badly to the threat of Greek bankruptcy. A certain sense of calm was restored as stocks rallied back to roughly regain half the initial losses.

Amid this uncertainty investors may well be considering options, including their own exit from the markets. But Mads talks through the timescales which are influencing traders' tactics.