European Market Review

European stocks partly declines after the expected 2-year-10-year U.S. yield curve.

British stocks also slipped amid signs coming from the Federal Reserve isn’t rushing to reduce the interest rates.

The U.K. FTSE-100 tumbled 0.5% to 7166.96.Audi (NSUG.DE) is about to establish a partnership with its rivals Daimler (DAIGn.DE) and BMW (BMWG.DE) to create in driving assistance systems.

The auto makers are likely to develop an automated driving functions to enable so-called level 3 autonomous driving on highways as well as automated parking.

Moreover, Euro zone's PMI jumped this month from 51.8 from 51.5 in July, coming above analyst estimates. In fact, France’s composite PMI advanced to 52.7 points from 51.9 in July.

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