European markets mostly higher; Manufacturing PMIs data in spotlight
September 1, 2014 5:13 am
European markets have opened mostly higher, as mounting speculation of additional easing measures from the European Central Bank offset the latest batch of lackluster Chinese manufacturing activity data and concerns over the Ukrainian crisis.
Closer home, traders keenly await the release of Markit manufacturing PMI data and the Bank of England’s report on mortgage approvals, consumer credit and M4 supply in the economy. Additionally, manufacturing PMI data from the Eurozone, Germany and France will be keenly eyed for further cues.
European markets have opened mostly higher, as mounting speculation of additional easing measures from the European Central Bank offset the latest batch of lackluster Chinese manufacturing activity data and concerns over the Ukrainian crisis.
Closer home, traders keenly await the release of Markit manufacturing PMI data and the Bank of England’s report on mortgage approvals, consumer credit and M4 supply in the economy. Additionally, manufacturing PMI data from the Eurozone, Germany and France will be keenly eyed for further cues.
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