PMI data in Japan, Europe and US not that great
The PMI data out of Japan, Europe and the US was admittedly not that great today. There was hope that the global headwinds was abating. The data today weakens that view.
Stocks in the Europe (and the US) have reflected that shift (at least for now).
The closes for the European market are showing:
- German DAX, -1.77%
- Francis, -1.81%
- UK’s FTSE, -1.42%
- Spain’s Ibex, -1.26%
- Italy’s FTSE MIB, -2.0%