European markets in green as investors digest French election results

London (UKX) +0.39%

Germany (DAX:IND) +0.44% Germany June final manufacturing PMI 43.5 vs 43.4 prelim.

France (CAC:IND) +2.01% France June final manufacturing PMI 45.4 vs. 45.3 prelim.

Spain's manufacturing activity dips to 52.30 points in June.

The Swiss Manufacturing PMI came in at 43.9 in June 2024.

The S&P Global Poland Manufacturing PMI was unchanged from May's seven-month low of 45.0 in June 2024.

Eurozone June final manufacturing PMI 45.8 vs. 45.6 prelim.

The pan-European Stoxx 600 (STOXX) moved 0.70% higher, after the far-right National Rally party provided some relief to investors by winning the first round of the emergency parliamentary election in France, though not by a majority. Market focus shifts to U.S. inflation numbers expected later in the day.

Coming up in the session: UK PMI numbers expected shortly.

In the bond market, the U.S. 10-year Treasury yield was up 6 basis points at 4.40%.

Germany's 10-year yield was up 7 basis points to 2.55%.

U.K.'s 10-year yield was up 4 basis points to 4.22%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)

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