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European markets muted as global sentiment remains subdued

by Index Investing News
December 6, 2022
in Markets
Reading Time: 1 min read
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London -0.07%. 

Germany +0.06%. Germany November construction PMI 41.5 vs 43.8 prior.

Germany October industrial orders +0.8% vs +0.1% m/m expected.

France +0.05%. 

The pan-European Stoxx 600 slipped 0.08%, with oil and gas stocks shedding while utilities gained.

Coming up in the session: UK November construction PMI at 0930 GMT.

Market observers are still largely expecting a 50 basis point increase to interest rates at the Fed’s December meeting next week.

In bond market, The yield on 10-year Treasuries was down more than one basis point to 3.58%.

Germany’s 10-year yield was down more than one basis point to 1.85%.

Britain’s 10-year yield was little changed to 3.09%.



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Tags: EuropeanglobalMarketsmutedRemainssentimentsubdued
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