It appears Greece matters after all – US futures are tumbling, Japanese stocks are tanking (as JPY is bid on mass carry unwinds), Chinese stocks are limit down and collapsing.. and now European equity futures are open and in free-fall. Bunds are well bid, down 20bps to 72bps.
- *EURO STOXX 50 FUTURES FALL 7% AT MARKET OPEN
DAX is down over 5%…