European stocks drop driven by PMIs

Source: WBP Online
© Scanpix/Reuters
After the release of flash Manufacturing and Services PMI for both France and Germany, European stock markets fell. This drop occurred before the PMI regarding the Euro zone was released. Flash Manufacturing and Services PMIs are predicted to decrease to 51.7 and 52.7 respectively. Euro Stoxx 50 declined by 0.27%, DAX was down by 0.44% and FTSE 100 lost 0.26%.

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