Red still in sight in Europe | The Ifo index to watch closely

1. The main European stock markets should open down, in the wake of the fall reported at the end of the week, worries about global growth having taken over the financial markets.

2. According to
 the first indications available, the Paris CAC 40 could
losing 0.28% at the opening, the Dax in Frankfurt would shrink by 0.51% and the
 FTSE in London would yield 0.40%.

3. European indices ended sharply lower on Friday after the release ofPMI Manufacturing Indexes Below Expectations, two days after more accommodating than expected US Federal Reserve announcements.

4. Only indicator on the agenda of the day, the Ifo German index of the business climate for
 the month of March will be published at 10am. He "will be closely watched
to see if it confirms the weakness of the flash PMI clues appeared the
last week, "say Societe Generale economists.

5. The
 New York Stock Exchange experienced Friday one of its worst sessions of
year, a movement fueled by the fall in bond yields
reference. The Dow Jones index dropped 1.77%, the S & P-500 lost
1.90% and the Nasdaq Composite fell by 2.50%.

6. The
 Futures contracts on US indices remain oriented in the
red, with a decline between 0.5% and 0.7% reported at the opening.

7.
Concern about global growth and risk aversion
Investors continue to weigh on bond yields. The ten-year Treasuries evolves to less than 2.44%. It remains lower than the three-month T-Bill yield of 2.4525%.