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Asian markets remain calm about "Grexit" threat

Although most Asian equities markets and currencies weakened in June, reflectingrising expectations that the US Fed will soon start to raise interest rates and thegrowing risk of Greece exiting the euro-zone, the moves were not dramatic. Whilewe think that Asian markets will cope relatively well with the Fed's first rate hike,there is every chance that a near-term "Grexit" would trigger volatility in theregion.

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