European indexes dip as global sentiment weakens

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) -0.54% to 9,146, trading close to the lowest level in the last two weeks.

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) -1.08% to 23,778, dropping below the 24,000 mark to its lowest level since August 4, after gaining the previous day and underperforming its regional peers.

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.24% to 7,691, France’s government budget deficit stood at €142 billion in the first seven months of 2025, narrowing from €156.9 billion in the same period last year.

Austria’s annual inflation rate is expected to rise to 4.1% in August.

Hungary’s gross domestic product expanded by 0.1% Y/Y in Q2.

The annual producer inflation in Romania jumped 2.70% Y/Y in July.

The annual inflation rate in the Netherlands moderated to 2.8% in August.

The number of people registering as jobless in Spain climbed by 21,905 people in August.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] turned 0.77% lower to 547.2 after modest gains in the previous session. Sentiment was also cautious globally, with attention fixed on upcoming US labor market data. The euro slipped below $1.17 on Tuesday, though it remained close to its strongest level since late July.

COMING UP IN THE SESSION: Euro Area inflation is expected shortly.

IN THE BOND MARKET, the U.S. 10-year Treasury yield was up 5 basis points to 4.28%.

Germany's 10-year yield was up 4 basis points to 2.79%.

UK's 10-year yield was up 3 basis points to 4.79%.

CURRENCIES: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD]) (GBP:USD [https://seekingalpha.com/symbol/GBP:USD]) (CHF:USD [https://seekingalpha.com/symbol/CHF:USD])

ETFS: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (NASDAQ:DAX [https://seekingalpha.com/symbol/DAX]), (NYSEARCA:FLGR [https://seekingalpha.com/symbol/FLGR]), (NYSEARCA:FXB [https://seekingalpha.com/symbol/FXB]), (NYSEARCA:EWU [https://seekingalpha.com/symbol/EWU]), (NASDAQ:FKU [https://seekingalpha.com/symbol/FKU]), (BATS:EWUS [https://seekingalpha.com/symbol/EWUS]), (NYSEARCA:FLGB [https://seekingalpha.com/symbol/FLGB]), (NYSEARCA:GREK [https://seekingalpha.com/symbol/GREK])

MORE ON EUROPE

* EUR/USD Price Steadies As Traders Weigh Politics And U.S. Data Risks [https://seekingalpha.com/article/4816909-eurusd-price-steadies-as-traders-weigh-politics-and-us-data-risks]
* A Detailed Look At The FX Market After The Powell Speech - Technical Levels [https://seekingalpha.com/article/4816180-detailed-look-at-the-fx-market-after-powell-speech-technical-levels]
* EUR/USD Slides With Focus Shifting To The Jackson Hole Symposium (Technical Analysis) [https://seekingalpha.com/article/4815831-eurusd-slides-with-focus-shifting-to-jackson-hole-symposium-technical-analysis]
* European indexes start the month higher [https://seekingalpha.com/news/4490730-european-indexes-rise-as-manufacturing-pmi-numbers-for-the-region-tick-higher]
* Eurozone factory output growth at 41-month high in August [https://seekingalpha.com/news/4490729-eurozone-factory-output-growth-at-41-month-high-in-august]