FLIY - European markets largely steady as investors digest factory data

2023-10-02 04:44:42 ET

London +0.1%

Germany +0.3% Germany's Manufacturing PMI revised slightly lower to 39.6 in September

France +0.4% France Manufacturing PMI at 44.20 points in September, eighth month of contraction

Manufacturing PMI In the Euro Area decreased to 43.40 points in September from 43.50 points in August.

Switzerland September manufacturing PMI 44.9 vs 40.5 expected.

Spain's manufacturing PMI recorded 47.7 in September, up from 46.5 in August and above market forecasts of 46.5.

The Istanbul Chamber of Industry Turkey Manufacturing PMI edged up to 49.6 in September up from 49 in the previous month.

The pan-European Stoxx 600 ( STOXX ) was up 0.2% on Monday, but erased some early gains after regional PMI figures provided hints on the health of eurozone businesses. Investors were also guided by news of the United States avoiding a federal government shutdown.

Coming up in the session: Euro Area unemployment rate,  Canada's S&P Global Manufacturing PMI, key U.S. economic figures and speech by Federal Reserve Chair Jerome Powell.

In the bond market, the U.S. 10-year Treasury yield was up 5 basis points to 4.62%.

Germany's 10-year yield up 3 basis points at 2.87%.

U.K.'s 10-year yield was up 4 basis points to 4.48%.

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 )

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