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.