Another rough day ahead for European stocks
- German DAX futures -4.9%
- French CAC 40 futures -4.8%
- UK FTSE futures -4.9%
The softer risk mood reverberates to Europe after a turnaround in Asia Pacific trading. Asian stocks were mostly higher before a late shift in risk sentiment took place, with US futures hitting limit-down helping to exacerbate losses today.
The Shanghai Composite closes at the lows for the day, down by 1.8% while the Hang Seng is now down by 3.6% into the closing stages currently.