Markets have not yet been convinced that Greece is set to exit the Euro Area, but capital controls have been introduced, with banks to be shuttered until July 6th and the stock market closed for the day. Cash withdrawals across the nation have been limited to EUR 60 per person per day, including local branches of foreign banks. Even after assuring the safety of deposits, Greeks are flocking to withdraw funds from banks and racing to stock up on basic provisions across the nation. The Government is presently applying for another bailout extension for the existing measures set to expire tomorrow, however, a deal seems unlikely as other Euro Area nations attempt to ring fence themselves from losses. Futures markets are trending considerably lower since reopening with EURUSD plunging almost 200 pips before recovering.