The Hang Seng closed down over .6% and the Shanghai composite lost a quarter of a percent, driven down by poor results from a private survey on the Chinese industry.
The FTSEurofirst 300 is rebounding, up over 1%, with investors picking up bargain stocks after yesterday’s drop of 2.2%.
The Euro hit a 2 year low today after Germany released economic data suggesting no European country is safe from crisis.
The day has a positive outlook for commodities with crude and gold both up, while silver and natural gas are down slightly.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu