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Off Lows, Still A Little Weaker On The Day In The Main

EQUITIES

The totality of the final Eurozone manufacturing PMI data (slightly firmer-than-expected on net) and a recovery from lows in crude oil futures allows equity markets to move away from lows.

  • Still, benchmark equity index futures are still mostly lower on the day, with a negative lead from China dampening wider risk sentiment:
  • E-minis 0.2-0.4% lower
  • Euro Stoxx 50 -0.4%
  • FTSE 100 little changed
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The totality of the final Eurozone manufacturing PMI data (slightly firmer-than-expected on net) and a recovery from lows in crude oil futures allows equity markets to move away from lows.

  • Still, benchmark equity index futures are still mostly lower on the day, with a negative lead from China dampening wider risk sentiment:
  • E-minis 0.2-0.4% lower
  • Euro Stoxx 50 -0.4%
  • FTSE 100 little changed