A raft of gloomy economic and services data showing a global lack of growth or recovery and persistent fears over the European sovereign debt crisis has pulled EU and Asia equity markets down Monday. US markets remain closed for the Labor Day holiday.
UK’s FTSE100 slipped down 3%, while France’s CAC 40 and Germany’s DAX went under 4%. In Asia, Japan’s Nikkei 225, Hong Kong’s Hang Seng, China’s Shanghai Index all travelled lower, by up to –3%.
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