European markets are down early Wednesday, ahead of the release of European manufacturing PMI data.
Here’s the scorecard:
France’s CAC 40 is down 0.17%
Germany’s DAX is up 0.07%
Spain’s IBEX is up 0.09%
Italy’s FTSE MIB is down 0.26%
Britain’s FTSE 100 is down 0.34%
In Asia, the Hang Seng is closed Wednesday for China’s National Day. The Nikkei closed down 0.56%.
U.S. futures are mostly flat, with no change in Dow futures and S&P futures down 0.04%.
PMI results are coming out for the major Eurozone economies’ manufacturing sectors at 4 a.m ET. The UK will be half an hour later.
And in US data later on:
At 8.15 a.m. ET ADP’s employment indicator is out, but the major data today comes at 9 a.m. ET, with Markit and ISM both releasing their manufacturing PMI for September. Analysts are looking for a similar strong result to last month.