European Stocks Down on Disappointing News

While China’s news was pleasing for the markets, Europe’s business activity data was less pleasing.

While China’s news was pleasing for the markets, Europe’s business activity data was less pleasing. France again seems to be the sick man of Europe with their PMI figures falling further below 50, the level that denotes growth in manufacturing output. Germany did better but overall the Eurozone growth was lower than expected. Read the full story.

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