Is a No vote in Greece’s July 5 referendum a vote to leave the euro or to negotiate a better deal?

June 29, 2015 | Daily JAM, Morning Briefing, Short Term | 9 comments

The markets in Europe and elsewhere didn’t start the day in a positive mood but sentiment darkened as the trading day closed in Europe. The German DAX Index, for example, was down 2.66% near noon in New York but finished the day off 3.56%. The biggest equity retreat came in Italy—down 5.17% for the day in Milan—and Spain—where the IBEX 35 closed lower by 4.56%.