European markets open weaker; US jobs report in focus
August 1, 2014 5:21 am
European markets have opened in the red as a broad overnight sell-off on Wall Street continued to weigh on investors’ sentiment.
Closer home, market participants will eye today’s Markit manufacturing Purchasing Managers’ Index (PMI) which is widely expected to show a marginal decline in July. Additionally, traders keenly await US non-farm payrolls data which is expected to indicate a slower pace of job additions in July. The manufacturing PMIs across Europe and the US will also keep investors on their toes.
European markets have opened in the red as a broad overnight sell-off on Wall Street continued to weigh on investors’ sentiment.
Closer home, market participants will eye today’s Markit manufacturing Purchasing Managers’ Index (PMI) which is widely expected to show a marginal decline in July. Additionally, traders keenly await US non-farm payrolls data which is expected to indicate a slower pace of job additions in July. The manufacturing PMIs across Europe and the US will also keep investors on their toes.
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