Global stock markets fell on Wednesday as Europe's weak economic indicators, encouraged investors to take a sigh of relief after a significant rebound in the market, in the past week.
According to official statistics, in the 17 countries in the euro zone industrial production fell by 0.4% in January, not reading as analysts forecast remains unchanged. Germany and France, two industrial power in the region, registered production declined, this suggests that the industry's contribution, in order to keep the euro zone's economic recession.
"Euro zone industrial production fell in January is a timely reminder that, in spite of the business and financial market sentiment improving, the region is likely to be in the first quarter remained in recession, may, in London's Capital Economics, Capital Economics analyst, said:" this.
This news is enough to make investors, many of them have been riding index multi-year highs, the benefits of cash.
At midday, in Europe, the ftse 100 index fell 0.8%, to 6457.11, while Germany's DAX index fell 0.2% to 7950.71. The French CAC 40 index fell 0.4%, to 3823.79. At the same time, the euro fell 0.3% to $1.2996 against the dollar.
In New York, the dow looks broken, a run of eight straight victories have its record closing high. The dow Jones industrial average futures fell 0.2%, to 14364, and the broader S&P 500 index futures fell at the same pace, to 1543.60.
Later in the day, investors will be monitoring in U.S. retail sales data, and analysts are expected to increase by about 0.6% a month. Consumer spending accounts for about three-quarters of the United States is the world's largest economy in the economic activities, the main driver of global economic growth.
Losses of the stock market began earlier in Asia, Japan's nikkei 225 index fell 0.6%, to 12239.66 the yen rallied, the dollar fell 0.4% to 95.67.
Yen against other currencies in recent weeks has been weak, because the new government, under the leadership of Mr Kuroda, Japan's central bank to loosen monetary policy expectations.
Kuroda, the central bank's policy has been critical of, in the past been believed to be prime minister Shinzo Abe (Shinzo Abe) backup strategy, trying to revive the Japanese economy hit deflation through loose monetary policy and rising government spending.
South Korea's Kospi index rose 0.2%, to 1997.69 points. Australia's S&P/ASX 200 index fell 0.5%, to 5092.40.
Hong Kong's hang seng index fell 1.5% to 22556 index. Mainland shares also fell in China. The Shanghai composite index fell 1.4% to 2253.74. The smaller shenzhen composite index fell 1.9%, to 918.10.
Analysts said that investors in a second time to see China's future growth if we can match the past performance. China, he said, the latest data, including retail sales and manufacturing, and lower than expected.
"At the end of this year, the market expect to accelerate growth in mainland China. The market atmosphere is quite high, said:" in Hong Kong the first Shanghai securities strategist Ye Shangzhi (Linus Yip),. "Now, we do not say, in China is slowing, but may be stable growth."
In commodity markets, the April delivery crude oil benchmark contract in electronic trading on the New York mercantile exchange rose 19 cents, to $92.73 a barrel. The contract rose 48 cents, closing at $92.54 a barrel on the New York mercantile exchange (Tuesday).
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