European markets fall as Fed hike fears resurface

London -0.72%.

Germany -1.70%.

France -1.79%.

The pan-European Stoxx 600 slipped -1.1% in early trade, with autos falling to lead losses while health care stocks gained.

U.S. stock futures fell in early premarket trade after the S&P 500 snapped a four-week winning streak on Friday, as Wall Street looks ahead to Fed Chairman Jerome Powell’s Friday comments on inflation at the central bank’s annual Jackson Hole economic symposium.

SNB total sight deposits w.e. 19 August CHF 752.8 bn vs CHF 751.3 bn prior.

In bond market, The yield on 10-year Treasuries was down more than four basis point to 2.94%.

Germany’s 10-year yield was down more than four basis point to 1.18%.

Britain’s 10-year yield was down more than two basis point to 2.39%.

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