Europe Is Swan Diving Again

dive swim

Photo: easylocum / Flickr

The day had started with a “risk on” tone after a decent (but not spectacular) Chinese Flash PMI report.But things are crumbling again in Europe.

Italy is down nearly 1% and Spain is close behind that after some weak data, including the Eurozone Composite Flash PMI hitting a 40-month low, and a weak German IFO institute survey report.

US futures remain modestly higher.

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

Tagged In

markets moneygame-us