Suddenly Markets Around The World Are Deflating

We’ve seen a resilient rally all through European trading, but in the last few minutes that enthusiasm has completely vanished.

European markets are trading lower across the board—with the exception of the U.K.’s FTSE 100—and the Italian FTSE MIB and the Spanish IBEX 35 are now off 1.1 per cent and 1.2 per cent, respectively.

The FTSE MIB shows the reversal in the mood so far today:

chart

Photo: Bloomberg

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.