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Markets down after Greek vote but OXI crash

2015-07-06 50 Dailymotion

World markets on Monday shrugged off a win for the “No” (OXI) camp in Greece’s referendum.<br /><br /> While European and American stock markets and the euro dropped, a Black Monday crash – predicted by some doomsayers – failed to materialise.<br /><br /> The FTSE closed down three-quarters of a point while Paris and Madrid ended the day down two percent.<br /><br /> Frankfurt was 1.5 percent lower at the close while the Milan bourse bore the brunt of negative feeling, down more than 4 percent.<br /><br /> Yields on Italian, Spanish and Portuguese government bonds rose between 9 and 17 basis points.<br /><br /> Some bankers say the result makes it more likely Greece will leave the euro, while a poll of investors found sentiment unchanged from a week ago at 50 percent.<br /><br /> Greek banks won’t reopen on Tuesday or Wednesday and the daily cash withdrawal limit remains at 60 euros.

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