Equity markets and the euro are declining following the remarkably weak PMIs from Germany and France. Such the gloomy numbers seem to raise concerns over a recession just three months after the ECB decided to end its QE programme. Risk-off is also weighing on other EM currencies with the Turkish lira tumbling more than 2%. The EURUSD is hovering around 1.13 (-0.6%) and the DE30 is declining 0.9% at 12:30 pm BST.
This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".
