European markets have opened slightly higher today, as investors awaited a slew of economic data from the European countries, due today, to gauge the direction of the market momentum. However, gains were limited as China reported a slowdown in its manufacturing activity on Friday and a drop in its services activity earlier today.
Closer home, investors await data that might show the growth in the UK manufacturing activity PMI slowed to a reading of 57.0 in January from 57.3 in the previous month. Earlier, Hometrack reported that its UK house price index rose 0.3% MoM in January, compared to a 0.5% increase in December.
European markets have opened slightly higher today, as investors awaited a slew of economic data from the European countries, due today, to gauge the direction of the market momentum. However, gains were limited as China reported a slowdown in its manufacturing activity on Friday and a drop in its services activity earlier today.
Closer home, investors await data that might show the growth in the UK manufacturing activity PMI slowed to a reading of 57.0 in January from 57.3 in the previous month. Earlier, Hometrack reported that its UK house price index rose 0.3% MoM in January, compared to a 0.5% increase in December.
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