A businessman gazes at a share prices board in Tokyo
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Greek election result 'critical' for global markets

11 June 2012 Last updated at 03:00 BST

Asian markets have been the first to react to the news that Spain, Europe's fourth-biggest economy will be getting aid of up to 100bn euro ($125bn; £80bn)

The euro is strengthening versus the dollar and yen after the latest eurozone bailout.

Asia Business Report's Rico Hizon spoke to Stephen Davies from Javelin Wealth Management, who says that volatility may continue until the Greek election result next week - which will be critical for global markets.