Europe indexes fall as sluggish business activity adds to geopolitical concerns

London (UKX) -0.32%, heading for a weekly loss of more than 1.5%. UK retail sales rise 0.8% Y/Y in September, below expectations.

Germany (DAX:IND) -0.54%, hitting a two-week low and extending the previous session’s losses. Germany's composite PMI hits two-month low as services growth eases.

France (CAC:IND) -0.77%. France business activity deteriorates in October, missing consensus.

In other parts of Europe, Poland’s registered unemployment rate stood at 5.8% in September.

The pan-European Stoxx 600 (STOXX) edged 0.40% higher to 635.2, as rising oil prices and Middle East tensions weighed on sentiment.

On the corporate front, Kering (PPRUY) tumbled nearly 11% on falling Gucci sales, while Volvo Cars (VLVOF) plunged almost 25% after a sharp decline in China sales. L’Oréal (LRLCY) rose more than 3% on strong Q3 sales, while Saab (SAABF) gained 1.5% after beating earnings and revenue expectations and securing a deal to supply Gripen fighter jets to Ukraine.

In the bond market, 10-year U.S. bond was up 3 basis points to 4.99%.

UK's 10-year yield was up 1 basis point to 5.34%.

Germany's 10-year yield was flat at 3.34%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

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