Market report: Stocks rise, investors weigh euro area data

European stocks rose to their highest level this month as investors bet that a slowdown in euro area manufacturing will increase pressure on the European Central Bank to do more to support the economic recovery.

21st August, 2014
In Dublin, the Iseq was up 0.4%

European stocks rose to their highest level this month as investors bet that a slowdown in euro area manufacturing will increase pressure on the European Central Bank to do more to support the economic recovery.

In the euro area, French manufacturing data slumped in August, while the German economy showed signs that it is withstanding tensions with Russia.

A report from China showed a manufacturing gauge fell in August by more than analysts expected. The...

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