European markets fall sharply today

The European markets fell sharply today after China's announcement that the US intent to impose fresh tariffs violates a consensus between President Trump and Xi Jinping. The FTSE 250, seen as a good gauge of the UK economy, fell 0.9% after closing down 1.5% the previous day. Weak data from Germany and grim signs in bond markets had also spooked investors. As a result, the three main US stock markets closed 3% lower overnight and European stocks fell across the board, while the Nikkei c...