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European stock market losses deepen- Dax falls to fresh session lows

The European stock markets are now falling back further in the red. The lower US PPI data did deliver a rebound for the FTSE 100, CAC 40 and DAX indexes, but since the US markets reopened those rebounds have now all blown out. The CAC 40 is now setting fresh lows on the week, as it slides towards 7,725. The DAX is now lower too, dropping just below 18,375. The dollar is now actually a little firmer versus Europ and higher than it was at the time of the previous update. The EUR/USD has failed to hold a rebound above 1.0815 and slipped back and that  might be weighing on th DAX? The index is just now trading at 18,365

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