European markets negotiate without major fluctuations. The recovery of the euro and the disappointing data given by the manufacturing industry in China should weigh negatively on the main indexes. Today will be published the final data on economic activity, measured by the PMI indexes. Economists estimate a further improvement in recent months. The impact of these data in the equity markets should materialize via forex market. If the PMI indexes indicate a higher economic activity than estimated the Euro will tend to value itself, penalizing European equities. The issue of Greece has been relegated to a secondary plan but retains its importance. The government in Athens will present an economic plan until next Monday, while the President of the European Parliament, Martin Schultz noted that it is possible to reach an agreement this week.
