- World stocks seem to be suffering from a bit of a New Year's hangover, with most major bourses lower following PMI data that showed a slowdown in China's manufacturing sector.
- Decent PMI figures out of Europe - except in France - don't appear to be lifting the mood as investors return to their desks following the holiday season.
- Hong Kong +0.1%, China -0.3%, India -1.2%.
- EU Stoxx 50 -0.8%, London -0.3%, Paris -0.9%, Frankfurt -0.5%, Milan +0.1%, Madrid -1.1%.
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