Monday, April 15, 2013

Risk assets hit as U.S., China data stirs recovery worry

Commodities led a sharp, broad decline in risk assets on Monday as weaker-than-expected Chinese data added to concerns stoked by U.S. numbers about the global economic outlook, prompting investors to book some gains from recent market rallies.

European markets were seen marking time, with financial spreadbetters predicting London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX .GDAXI to open almost flat. But U.S. stock futures were down 0.4 percent to point to a tepid opening on Wall Street. .L.EU .N