Markets Are Really Tumbling In Europe

Last week’s post-ECB hangover continues as markets in Europe are falling once again.

Italy is down about 0.9%.

Spain is down 1.0%.

Germany is down 0.25%.

This follows a fairly quiet weekend, and a mixed Asian session, which saw Japan fall 0.45%, but Korea and Shanghai come back for nice gains.

US futures are modestly lower.

Big European economic news so far is the Ifo business sentiment index in Germany.

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