Not a great sign

European equities bounced early but gave it all back late as the optimism about the better yuan fix faded:

  • UK FTSE 100 -0.7%
  • French CAC - flat
  • German DAX -0.6%
  • Italy MIB -0.7%
  • Spain IBEX -0.9%

The soft finish is a poor signal. The US market is battling to hold into positive territory.

Here is the intraday look at the DAX.

DAX