Markets Are Heading Lower

elevator Rajat Taneja

It’s likely to be a quiet day (Summer Friday, with no big data or speeches coming up) but at the moment markets are heading lower everywhere.

US futures are a hair lower.

Much of Europe is lower (Italy is down 0.7%, Spain off 1%).

And China had a tumble last night, with the Shanghai Composite dropping 1.6%.

Overall, this comes in the context of world markets that have been rallying, and central banks that seem inclined to provide continuing support for the economy and markets.

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