Capital markets were expecting a narrow “yes” victory in Sunday’s Greek referendum, the restart of negotiations with its creditors, and the likely end to Prime Minister Alexis Tsipras’s government. Instead investors are faced with a resounding “no” vote victory (61.3% to 38.7%). European leaders are now preparing to hold an emergency summit tomorrow and an olive branch token from Greece — Greek Finance Minister Yanis Varoufakis resigned. That could possibly pave the way for trust in potential future European Union-Greece discussions. Initial market impact from Greek developments has been largely negative, with global ... (full story)