Markets in retreat after weak Eurozone, China PMI data

April 23, 2015 11:46 AM

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Stock markets across Europe and most of Asia are in retreat Thursday after new survey data showed the Eurozone’s recovery faltering and China’s manufacturing sector at its weakest in a year.

The data hit markets already unsettled by the Eurozone’s failure to find a solution to Greece’s debt crisis. European markets have reacted badly to a stream of news showing how fast Greece is running out of money, and how close it might be to defaulting.

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