Euro STOXX 600 down 0.6
U.S. futures dip after Independence Day holiday
Oil erases some gains

LONDONSYDNEY, July 5 Reuters Global shares fell on Wednesday as signs of a faltering economic recovery from China to the euro zone emerged, with traders awaiting U.S. Federal Reserve minutes and a key U.S. jobs report later in the week for clues on the central bank39;s rate outlook.

European stocks slipped 0.6, heading for their first daily loss in eight sessions, with German shares down the same amount.

Wall Street was set for losses, too, with SP 500 and Nasdaq futures down 0.40.6. U.S. markets were closed for the Independence Day holiday on Tuesday.

Sparking the jitters was a survey that showed China39;s services sector which has rebounded strongly since the lifting of COVID19 lockdowns expanded at the softest pace in five months in June, adding to signs of a faltering recovery in the world39;s secondbiggest economy.

Data also showed contracting euro zone business activity. France39;s dominant services sector shrank last month for the first time since January.

In Europe, miners fell 1.2, posting the largest sectoral decline as metal prices. Chinaexposed luxury firm LVMH, Europe39;s most valuable company by market capitalisation, fell 0.6.

The release of the minutes of the Fed39;s last policy meeting, due later on Wednesday, and the nonfarm payrolls report on Friday are top of traders39; agenda this week as they watch to see whether the Fed will need to hike more…