By Chris Becker
Apologies for lateness today. The weak session in Asia yesterday, which saw the Nikkei flat but the ASX200 lose nearly 0.5% and Chinese stock markets down around 2%, translated into falls on the European and American bourses overnight.
Although a solid retail sales print in Germany should have helped the bulls, it was a case of sideline action with the DAX retreating 1.1% but still well on trend: