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Is the European Market Downturn Speeding Up?

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  • Description

    Alpari Market Analyst Craig Erlam gives his outlook for the European Markets.

  • Duration 1:39
  • Date

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Or let's -- a closer look though what's moving those markets is creditor on the market analysts and -- party over in London.

-- with some more negative news from Spain today the sixth straight quarter of contraction now is the downturn speeding up.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And -- -- -- European investors watching the US sequestration how concerned.

Are you in the past people have assumed that although reach -- deal by the deadline but it doesn't look like that'll happen.

And this time around.

Yeah absolutely and in if you look at the stock markets this morning -- actually trading high which was suggests that people more concerns but central -- stimulus in the -- necessarily the sequestration or even these Italian base that -- holly and instability.

So I think at this moment we are keeping a close on a book given the attendance in the past for a last minute -- to be -- -- -- -- -- -- -- I think we're just gonna wait until tomorrow now and see how it plays out we'd see the sequestration Coleman -- full -- -- Then I think we'll start -- on next to production for now I think people expect and some form of -- -- as -- market analysts add up wireless -- direct mark Craig thanks so much.

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