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London +0.05%
Germany -0.89%
France -0.66% France January final services PMI 49.4 vs 49.2 prelim
Italy January services PMI 51.2 vs 51.0 expected
Spain January services PMI 52.7 vs 52.5 expected
The pan-European Stoxx 600 down 0.54% in early trade, with autos shedding to lead losses as all sectors and major bourses slid into the red.
Coming up in the session: French government budget balance and Euro zone PPI on the charts.
In the bond market, The yield on US 10-year Treasuries almost flat 3.40%.
Germany’s 10-year yield was up seven basis point to 2.13%.
Britain’s 10-year yield was up four basis point to 3.05%.
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