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But for the moment all the European markets are up slightly. Overnight, US markets posted a solid 2.43% gain and there's been another surge in the Shanghai Composite Index, which is up over 4%.
Here's the European scorecard:
German DAX: +0.15%
French CAC40: +0.21%
Spanish IBEX: +0.36%
Italian FTSE MIB: +0.03%
Here's the Euro STOXX 50, which is up 0.20%. It represents the 50 biggest sector leaders in Europe and gives a general feel for markets on the continent right now:
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