While you were sleeping Weak manufacturing signals help

Mon, 03 Sep 2012

By Margreet Dietz Sept 4 (BusinessDesk) - European equities advanced as data on manufacturing output from both the euro zone and China bolstered hopes that policy makers will act soon to help accelerate economic activity. The final Purchasing Managers' Index reading for the factory sector in August showed activity across the euro zone dropped to 45.1 from an initial estimate of 45.3. It marked the 13th month below 50, the mark that separates expansion from contraction, according to Reuters. A Chinese government survey released on September 1...

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