Asian and European stock markets fall after China trade balance released

Market sentiment is once again impacted by the implications of the trade war that China and the United States are holding. And it is that the world's major stock markets are falling to the rhythm of concern after the Asian giant has posted a weak trade balance.

The data showed the biggest fall in exports in two years and a drop in imports, which heightened anxiety about the effects of the trade war on the world's second largest economy.

This produces a decrease in risk appetite that is leaving its mark on the stock price.

In Asia, shares traded in Hong Kong, grouped in Hang Seng, fell 1.38%, while the CSI 300 of Chinese mainland stocks fell 0.87%. Japan was closed today for the celebration of Adult Day.

In Europe, the pan-European EuroStoxx benchmark loses 0.92% of its value, while the German DAX falls 0.71%. In London, the FTSE 100 falls 1.09% of its value and the Parisian CAC accompanies it with a decrease of 0.87%.

China's trade numbers that rekindle anxieties fueled Wall Street's so-called "fear index." The VIX indicator, which measures the turmoil on Wall Street through the futures price, rises 10.61%, breaking a four-day downtrend.