European stocks slipped, The major share markets opened down today, as investors sold positions ahead of China's stock market opening on Sunday. Pre crisis economic is begin in Europe, As we knew that Germany and Hong Kong also posted worse than expected economic numbers.
Reported from Berlin economic news, German factory orders declined 1.4% between June and July, more than double the 0.6% anticpated by analysts, while Hong Kong's PMI numbers plunged to the lowest in six years, bringing Asian stocks market plunged
German construction purchasing managers index dropped to a seven-month low of 50.3, Meanwhile, Mic Mills, head of client services at CapitalIndex said: "Weighing heavily on markets today though will be the worry of where China will open on Sunday night and whether we will see another drag on the world’s economy from them." wait and see condition makes global stocks slipped down
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