Equity Sell Off

screenshot_Wed_Jul_08_14.45.59Source:Bloomberg

Equity markets continue to sell off with concerns over both Greece and China. Shenzhen is in a freefall at the moment even with the local Gov't doing everything to encourage investment - I think a little bit of desperation there. Other markets are coming off today in Asia as well and we are definitely in a risk off mood. Need to be extra vigilant and not do anything rash to exacerbate portfolio losses. On the other side if you have continued to be short commodity currencies (why wouldn't you be ?) then happy days.

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