Europe’s financial markets took a few hits in early trading after Greece announced a shut down of the country’s banks and stock exchange.<br /><br /> Shares plunged in London, Paris and Frankfurt, but after early volatility the markets settled and recovered some ground.<br /><br /> EU bank shares suffered, losing €40bn of market value with Portugal, Spain and Italy posting a collective loss of €18.2bn.<br /><br /> Greece: Markets React — Live http://t.co/XaVM8iHe8z— WSJ MoneyBeat (@WSJMoneyBeat) June 29, 2015<br /><br /> Euronews correspondent Sasha Vakulina got the market lowdown on today’s trading. <br /><br /> Sasha Vakulina:“We’re now joined by Angus Campbell, senior analyst at FxPro. <br />After a weekend of Greek drama, Asian and European stocks have slumped on Monday. The euro fell against the US dollar. <br />Angus, was the markets reaction better or worse than expected?” <br /><br /> Angus Campbell:“Well, I think it was to be expected, it was neither worse or better. But actually the subsequent market movements since the open of the European ses
