European stocks advance before the PMI reports

Note: This section contains information in English only.
Source: WBP Online
© Scanpix AFP
European stocks reported gains as investors are waiting for Purchasing Managers' Index reports from Germany, France, the UK and the whole Eurozone. The French CAC 40 advanced 0.19% while the Euro Stoxx 50 jumped 0.25% and Germay's Dax gained and 0.28%.The largest climb was for the UK's FTSE, which surged 0.41%. For the most Euro-area countries PMI reports are expected to increase, while only for the U.K. it is forecasted to have modest decrease.
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