FTSE Lower After Greek Turmoil

The benchmark FTSE 100 index was down 48 points, or 0.51%, at 6736.92.

Miner Fresnillo lost early gains and is now down 0.4%. EasyJet, is down 2.21%. Rival International Consolidated Airlines Group is also lower by 1.45%.

European markets suffered more than London, with Germany’s Dax down 1.2% and Paris’s Cac down 1%.
Earlier, Asian markets were also depressed by the Greek debt situation.

On the currency markets, the pound was down 0.21% against the dollar at $1.5528 and was flat against the euro at €1.3820.

via BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza