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French and German PMI data in the spotlight soon as European markets reopen
The European stock markets will reopen any minute and notwithstanding the prospect of a very positive start to the session we do have some important French and German flash Services and Manufacturing PMI data due out soon. The French numbers will be released at 7.15am GMT and Germany will follow at 7.30am GMT. There will be more to add on how that shapes the price action across the Euro and the CAC and the DAX. The CAC 40 closed last night at 7,326 and it is just now kicking off the new session above 7,400
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