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- European stock markets mid-session: miners and oil stocks weigh European indices down
European stock markets mid-session: miners and oil stocks weigh European indices down
European indices declined in today's session weighed by miners and oil stocks after disappointing Chinese and U.S. data. France's final Manufacturing PMI increased to 48.4 beating forecast of 47.6. Germany's Manufacturing PMI decreased to 49.5, analyst expected it to remain at 50. Data on Eurozone's final Manufacturing PMI for November fell to 50.1. Forecast predicted 50.4, in line with the last month. An upbeat data was published for the U.K. with the Purchasing Manager Index for Manufacturing reading 53.5 at a four-month high beating forecast by 0.4 and increasing 0.3 from last month's data. Markets are awaiting the Manufacturing PMI, ISM Manufacturing and speeches of FOMC Member Dudley and FED Vice Chairman Stanley Fischer later in the day.
The FTSE 100 index is currently lower -0.93% at 6,659.88 points, France's CAC 40 lost -0.49% trading at 4,368.79 and Germany's DAX 30 is quoted at -0.37% at 9,943.52 points.
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