Tepid tones as the market keeps more cautious for now

  • Eurostoxx -0.3%
  • Germany DAX -0.5%
  • France CAC 40 -0.2%
  • UK FTSE -0.3%
  • Spain IBEX -0.5%

The slightly softer mood comes as Chinese equities bleed into the close with the Hang Seng now down 3.5% (it fell by 4% yesterday) and the Shanghai Composite closing down by 2.5% and CSI 300 index closing down by 3.5%.

The latter closes as its lowest level since November as the rout extends.

The bloodbath in China is tempering with the risk mood a little, with the aussie and kiwi dragged to the lows for the day currently - erasing yesterday's slight advance.