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

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.