But a weather eye remains fixed on international developments
Global stock market sell-off hits European shares
Euro Stoxx 600 down over 1.9% on Thursday morning as investors fret over US-China trade war and rising rates
Fund buyers take refuge as Grexit edges closer
As Greece is heading for a default, which would significantly increase the possibility for the country to be forced out of the eurozone, markets have plummeted. This is not at all surprising, considering Europe’s fund buyers have consistently been telling us they will decrease their allocations to both bonds and equities if a Grexit appears likely.
Preparing for the storm
Relentless easy monetary policies and short term rates at virtually have kept market volatilities at remarkably low levels. Preparing for the next spike may not be such a bad idea as the effects of central banking measures start to wane.