China worries markets By Reuters

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© Reuters. FILE PHOTO: An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, March 21, 2023. REUTERS/Aly Song/File Photo

A look at the day ahead in European and global markets from Ankur Banerjee

An economic data-packed day awaits European markets after a laboured Asia session, where investors were back to worrying about China’s ailing property sector and the prospect of tighter security laws for Hong Kong.

The financial hub’s leader confirmed on Tuesday his intention to pass fresh national security laws soon to build on sweeping legislation Beijing imposed on the city in 2020.

GDP in the euro zone, France and German for the fourth quarter will be key economic reading for the European session, while results from spirits manufacturer Diageo (LON:), the maker of Johnnie Walker whisky, may provide a better picture of discretionary spending.

On a macro level, the week will be defining…

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