Europe: Shares slip after poor Chinese factory data
[PARIS] European shares fell in early trade on Tuesday, adding to the previous session's retreat after data showed Chinese factory activity unexpectedly skidded to an 11-month low, signalling weakness in the world's second biggest economy.
At 0804 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 per cent at 1,593.80 points, after losing 0.7 per cent on Monday.
In the eurozone, data showed France's private sector expanded for the second straight month in March, chiming with recent data that shows the eurozone's second-largest economy is edging back to growth.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade