Major European indices trade on a modestly lower note while Germany’s DAX (-1.0%) underperforms.
Germany and France saw their Manufacturing and Services PMIs weaken in flash readings for June while the U.K.’s Manufacturing PMI also decreased from last month’s level. Germany reportedly triggered a second stage of its three-stage gas emergency plan due to reduced supply from Russia.
—Equity Markets—
STOXX Europe 600: -0.4%
Germany’s DAX: -1.0%
U.K.’s FTSE 100: -0.3%
France’s CAC 40: -0.1%
Italy’s FTSE MIB: -0.1%
Spain’s IBEX 35: -0.2%