While you were sleeping China, Greek optimism

Thu, 22 Nov 2012

By Margreet Dietz Nov 23 (BusinessDesk) - Investors opted to focus on good news today, concentrating on data showing Chinese manufacturing expanded in November, even as separate data showed euro-area services and manufacturing output is now the worst in three years. Underpinning sentiment was confidence by Olli Rehn, the European commissioner for economic affairs, that euro zone finance ministers will reach an agreement on Greece by Monday, releasing the next tranche of aid to avoid the country's financial collapse. "I trust everyone will re...

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