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London (UKX) +0.62%
Germany (DAX:IND) +0.14% German manufacturing activity drops to five-month low
France (CAC:IND) +0.26% French manufacturing activity collapses in March
Spain’s manufacturing sector remained broadly stable in March.
The HCOB Italian manufacturing PMI rose to 50.4 in March 2024 from 48.7 previously month.
The S&P Global Czech Republic Manufacturing PMI rose to 46.2 in March 2024 from 44.3 in the previous month.
The unemployment rate in Austria rose to 6.9% in March 2024.
The Swiss manufacturing PMI from procure.ch and Credit Suisse rose to 45.2 in March 2024, up from 44 the previous month.
S&P’s Polish global manufacturing PMI rose to 48 in March 2024.
Eurozone manufacturing activity falls to 3-month low.
The pan-European Stoxx 600 index (STOXX) rose by 0.52%, after a four-day trading break over Easter. Attention remains focused on economic data, including inflation data from Germany that could guide the ECB’s decision on interest rates.
Next in the session: UK manufacturing PMI expected soon; German inflation data follows.
In the bond market, the yield on the 10-year US Treasury note (US10Y) fell 2 basis points to 4.31%.
The German 10-year yield rose 5 basis points to 2.35%.
The British 10-year yield rose 6 basis points to 4%.
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