Live coverage of business economics and financial markets as weak manufacturing data and weak earnings from Amazon and Intel spook economists
It is what is known as a “risk-off” day on global stock markets: when traders sell riskier growth-focused shares and batten down the hatches for financial market squalls.
London’s FTSE 100 index is down 0.3% in the opening trades, but it is among the better performers in Europe.
EUROPE’S STOXX 600 DOWN 0.9%
FRANCE’S CAC 40 DOWN 0.6%; SPAIN’S IBEX DOWN 1%
EURO STOXX INDEX DOWN 0.7%; EURO ZONE BLUE CHIPS DOWN 0.7%
GERMANY’S DAX DOWN 1.1%
Continue reading…Live coverage of business economics and financial markets as weak manufacturing data and weak earnings from Amazon and Intel spook economistsIt is what is known as a “risk-off” day on global stock markets: when traders sell riskier growth-focused shares and batten down the hatches for financial market squalls.London’s FTSE 100 index is down 0.3% in the opening trades, but it is among the better performers in Europe.EUROPE’S STOXX 600 DOWN 0.9%FRANCE’S CAC 40 DOWN 0.6%; SPAIN’S IBEX DOWN 1%EURO STOXX INDEX DOWN 0.7%; EURO ZONE BLUE CHIPS DOWN 0.7%GERMANY’S DAX DOWN 1.1% Continue reading…