Eurozone splits opinion; Asia in firing line

In the run-up to the potentially pivotal Greek election this Sunday, market opinions remain radically divided over whether the nation that brought democracy to the world will exit the euro. The opinions stretch from Schroders, which expects an exit and is already debating drachma depreciation, to Bank Sarasin CIO Burkhard Varnholt, who sees such an eventuality as “extremely unlikely”. Mostly investors are expected to keep to the sidelines, awaiting clarity and fearful of the con…