German and French releases of flash PMIs for July turned out to be solid. While French reading showed a very strong beat in services and small miss in manufacturing, German print showed strong beats in both sectors. A point to note is that almost all gauges has moved into expansion territory (German manufacturing is neutral). Nevertheless, European stock indices deepened drop after release.
France
-
Services: 57.8 vs 52.3 expected
-
Manufacturing: 52.6 vs 53.2 expected
Germany
-
Services: 56.7 vs 50.5 expected
-
Manufacturing: 50 vs 48 expected
DE30 approaches 12,800 pts area in spite of solid PMIs from Europe. Source: xStation5
Daily Summary: Chips lift Wall Street on Election Day, oil drops amid progress in negotiations (03.11.2026)
US Open: Lower oil prices boost indices, markets await Midterms results (03.11.2026)
US and Iran Make Progress in Talks? Stock Indices and Prcious Metals Rebound
Market Wrap: Wall Street and Global Markets Under Pressure
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.