EZB8RISK / Market Briefing

Germany's manufacturing momentum held firm into September, with the latest PMI pointing to a sustained industrial upturn even as European stocks opened the new quarter lower amid m

Germany's manufacturing momentum held firm into September, with the latest PMI pointing to a sustained industrial upturn even as European stocks opened the new quarter lower amid multi-year high yields. Trade friction added a fresh wrinkle, with the US pressing Germany and France to release diesel stocks or face an export ban. The combination of solid factory data and rising borrowing costs leaves the market balancing industrial strength against tighter financial conditions.

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