US stocks dropped following mixed data and earnings reports while Asian markets also declined across the region.
European markets are mixed today after mixed data. Positive data was released from Europe including positive Manufacturing PMI data from Germany. However, data from the UK was disappointing.
Oil dropped sharply yesterday and reached its lowest price since 2012. Recent news of a slowdown in global demand coupled with falling demand are supporting the downwards movement. The price has now rebounded slightly as strong data from China and Europe boosted sentiment slightly.
Gold is falling as the Dollar strengthens. Positive economic data has also reduced fears of a slowdown resulting in less demand for safe haven assets.
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