European edges lower with key data in focus
London -0.55%
Germany -0.85% Germany February flash manufacturing PMI 46.5 vs 48.0 expected
France -0.74% France Manufacturing PMI drops to 47.9, misses market expectations
Switzerland January trade balance CHF 5.08B vs CHF 2.83B prior
Euro area composite PMI rises to 52.3 in Feb, better than expectations
The pan-European Stoxx 600 -0.87% in early trade with nearly all sectors in the red. Financial services fell most.
Coming up in the session: UK Manufacturing and Services PMI expected in some time. Eyes glued to US PMI as well that are expected later in the day.
In the bond market, The yield on US 10-year Treasuries was up two basis point to 3.84%.
Germany’s 10-year yield was up one basis point to 2.46%.
Britain’s 10-year yield almost flat at 3.47%.
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY)