Wed, 24 Jul 2013 10:52:04 GMT
German manufacturing rises surprisingly
German manufacturing rose surprisingly in July and services sector growth strengthened, indicating on that nation's economy is growing. A manufacturing index increased 1.7 basis points to 50.3, according to Markit Economics, while services sector grew 2.1 basis points to 52.5. After these data were released the Euro appreciated versus the greenback at $1.3250 by 8:37 a.m. in London.