1. Greece - well what a day...ultimately no huge market moves but so much ongoing intrigue and debate. I used my latest Yahoo Finance Contributors column (link here) to talk again about the rationale for a compromise deal...
...so kind of interesting to read later on today that:
The eurozone's central bankers have toughened the terms of its lifeline to the Greek banking system, raising the discounts — or haircuts — on the collateral Greek banks are swapping for their emergency funding.
3. Otherwise China remains highly volatile despite all the measures over the weekend...and as shown here the system's margin requirements are still troublesome:
4. Crikey, it did not take long for corporate bond volumes to drop.