Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Markets Turn South As Euro Train Wreck Continues At Full Speed

Joe WeisenthalMar 21, 2013, 14:28 IST

The Euro train wreck continues.

Just this morning we've got:

A horrible German Flash PMI number.
A horrible French Flash PMI number.
An announcement from the ECB that it will shut off emergency funding for Cypriot banks by Monday.

And the day's really just started.

Markets are red.

Italy is down 0.6%. Germany is down 0.8%. France is off 1%.

For more on the Cypriot drop dead date, see here.