European stocks edge higher; Chinese data hints at global recovery By Investing.com

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European stocks edge higher; Chinese data hints at global recovery By Investing.com
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⚠️BREAKING: *EUROPEAN STOCKS EDGE HIGHER ACROSS THE CONTINENT TO START THE MONTH AS CHINESE DATA HINTS AT GLOBAL RECOVERY - 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧

China's manufacturing activity expanded at the fastest pace in more than a decade in February, as the recovery of the second largest economy in the world gained momentum after the relaxing of its severe anti-COVID restrictions.rose to 52.6 in February, data showed on Wednesday, a jump from January’s figure of 50.1.

This news of growth in one of Europe’s key export markets provided a boost to the European markets Wednesday.climbed to 50.7 in February, rising into expansionary territory for the first time since June 2022, up from 48.4 the previous month.

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