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home / news releases / FLIY - European markets edge lower on weaker PMI numbers


FLIY - European markets edge lower on weaker PMI numbers

2023-06-23 04:22:30 ET

London -0.45% . UK May retail sales +0.3% vs -0.2% m/m expected

Germany -0.69% . Germany's manufacturing PMI drops to 41 in June, below estimates

France -0.53% . France Manufacturing PMI drops to 45.5 points in June

Euro Area Manufacturing PMI drops to 43.6 points in June, below consensus; Spain Q1 final GDP +0.6% vs +0.5% q/q prelim

The pan-European Stoxx 600 edged 0.19% lower, with most sectors in the red, marking the fourth session of declines. Oil and gas stocks and banks dropped. A few sectors managed gains, including food and beverage health-care stocks.

Coming up in the session: US manufacturing PMI and UK manufacturing PMI expected.

In the bond market, the U.S. 10-year Treasury yield was down 7 basis points to 3.73%.

Germany's 10-year yield was down 13 basis point to 2.35%.

U.K.'s 10-year yield was down 14 basis point to 4.22%.

Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD )

ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ), ( FXB ), ( EWU ), ( FKU ), ( EWUS ), ( HEWU ), ( FLGB ), ( GREK ).

For further details see:

European markets edge lower on weaker PMI numbers
Stock Information

Company Name: Franklin FTSE Italy
Stock Symbol: FLIY
Market: NYSE

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