Investing.com - European stock markets drifted higher Tuesday, continuing the lackluster start to the week as investors consider the outlook for global interest rates.The main European indices traded in tight ranges on Monday, with the U.S. on holiday, and similar cautious activity is likely this week ahead of Friday’s key
The previous month's labor report fell short of expectations, prompting a sharp selloff in equity markets on recession fears, and investors are likely to take a cautious stance ahead of this week’s release.later in the session is the first major indicator out in a big week for U.S. data, and is expected to show that the country’s manufacturing sector remains in contraction territory.
China's purchasing managers' index hit a six-month low in August, data showed over the weekend, pointing to likely weakening of demand from the world’s biggest crude importer.