Global equity markets begin the new trading week under pressure, with a decisive risk-off tone following a breakdown in Greek debt talks. There was sharp downside action during the Asian trading hours, with the Japanese Nikkei down nearly 3% off strength in the Yen and weaker industrial production figures. China’s Shanghai Composite was down by […]
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Global equity markets were mostly higher in overnight and initial morning activity, aided by a strong Wall Street performance in the previous session and optimism that Greece could be getting closer to fresh funding. The Japanese Nikkei pushed into a new three-day high overnight with follow through buying coming off of a strong US showing […]
While the trend in the indices point down, we can’t rule out the possibility of a near-term technical rebound.