European markets fall on PMI data (Barcelona) - Risk aversion is well palpable around the financial markets after the HSBC manufacturing PMI in China. The European session is resuming the sentiment as the PMI composite data in Eurozone countries continue to disappoint, in France (from 48.0 to 44.1 – 3.5-year low), in the Eurozone (from 46.3 to 45.9 – lowest since June 2009), while Germany improves (from 47.0 to 49.7 – highest since April). There was also the Spanish bond auction, with better than expected results triggering more risk aversion as it also might mean that the government can stall on asking for a bailout for some more time.

The German DAX 30 and the French CAC 40 are down by -0.47% and -0.71%, respectively, while the Spanish IBEX 35 and the Italian FTSE MIB fall by -1.00% and -1.27%. The British FTSE 100 sheds -0.72% after the release of the UK retail sales and CBI data.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a lower open between -0.20% and -0.28%, ahead of manufacturing PMI data in the US. WTI crude oil falls by -0.80%, to 91.54, and Gold sheds -0.53%, at 1760.