Markets Are Down In Europe

Markets are making modest moves early in the European trading session.

England’s FTSE 100 is down 0.3%.

France’s CAC 40 is down 0.1%.

Germany’s DAX is down 0.5%.

Spain’s IBEX is up 0.1%.

Italy’s FTS MIBĀ  is down 0.4%.

Earlier this morning, we learned that business confidence as measured by the Ifo index, tick up for a third straight month.

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