Saxo Group Videos

Stock markets around the world were hit as nerves were tested after the parent company of one of Portugal's largest banks failed to meet debt payments. What should have been a relatively small drama threatened to become a wider crisis. A reaction which, for some analysts, demonstrates the weaknesses within the European banking system and the tentative Eurozone economic recovery.

Saxo Bank's Heads of Equity, FX and Macro strategies, Peter Garnry, John Hardy and Mads Koefoed, give their brief assessments of the fall out from Portugal.