Photo: Flickr / Samantha Jade Royds
ORIGINAL POST, SEE UPDATE BELOW: Markets are selling. Rinse, repeat.It was a particularly rough night in Asia, as fresh concerns about Chinese growth were raised in multiple quarters.
Hong Kong’s Hang Seng fell by over 1%. Japan fell by nearly 2%.
And the scene is not pretty in Europe this morning.
Spain is down over 1%.
Italy is down 1.8%.
Germany is down 1.2%.
Basically yesterday there was a big rally ahead of the Eurogroup meeting. Today that’s melting away. This is how it goes.
US futures are down about 0.3%.
UPDATE: It’s not taking long for things to get much hairer. Italy is now down 2.3%. The euro is cliffdiving, hitting levels not seen since August 2010.
See a Euro chart here.