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  • European shares firm, but trim gains after PMI data Wednesday, 4 Mar 2015 | 9:46 AM ET

    *Shares in ITV, Standard Chartered advance. LONDON, March 4- European shares firmed on Wednesday but trimmed early gains after the euro zone's Purchasing Managers' Index came in below the preliminary estimate and as investors took some profits from recent multi-year highs. In the past few weeks, the market enjoyed positive surprises on the macro front in Europe,...

  • Markit, ISM services data on tap. Shortly after the opening bell, two readings on the services sector are expected with the final February reading of financial data firm Markit's Purchasing Managers Index at 9:45 a.m.. The Institute for Supply Management's gauge on the services sector in February is scheduled for a 10 a.m. release.

  • *Markit, ISM services data on tap. *Shortly after the opening bell, two readings on the services sector are expected with the final February reading of financial data firm Markit's Purchasing Managers Index at 9:45 a.m.. The Institute for Supply Management's gauge on the services sector in February is scheduled for a 10 a.m. release.

  • European shares surrender gains after PMI data, ITV up Wednesday, 4 Mar 2015 | 7:17 AM ET

    *Shares in ITV, Standard Chartered advance. LONDON, March 4- European shares surrendered early gains on Wednesday after the euro zone's Purchasing Managers' Index came in below the preliminary estimate and as investors took some profits from recent multi-year highs. In the past few weeks, the market enjoyed positive surprises on the macro front in Europe, which...

  • *Asia shares fall despite India rate cut, China data. LONDON, March 4- Global equities pulled back from recent record highs on Wednesday, with investors turning cautious after underwhelming euro zone PMI data and ahead of central bank meetings. The MSCI All Country World equity index slipped 0.2 percent, with Asian shares lower overall despite data showing a...

  • The Markit/ CIPS UK Services Purchasing Managers' Index slipped more than expected to 56.7, from 57.2 in January. But survey compiler Markit said wages-- a crucial issue for the Bank of England as it tries to decide when interest rates should rise-- were a "primary driver" behind an increase in costs in the sector. "The combination of relatively robust economic growth,...

  • European shares trim gains after PMIs Wednesday, 4 Mar 2015 | 4:26 AM ET

    PARIS, March 4- European shares trimmed their gains on Wednesday morning after Markit's final February Composite Purchasing Managers' Index came at 53.3, weaker than a preliminary estimate of 53.5. In the past few weeks, the market enjoyed positive surprises on the macro front in Europe, which boosted investors' expectations, " Saxo Bank trader Pierre Martin said.

  • Euro zone business growth at 7-month high in Feb -PMI Wednesday, 4 Mar 2015 | 4:00 AM ET

    *PMIs point to Q1 GDP growth of 0.3 pct- Markit. Survey compiler Markit said the surveys pointed to first quarter GDP growth of 0.3 percent, the same as at the tail-end of 2014, as business activity expanded in all of the bloc's four biggest economies for the first time since last April. The weaker euro should help boost exports and, perhaps most importantly, the...

  • BEIJING, March 4- Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's second-largest economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector...

  • BEIJING, March 4- Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's second-largest economy. Official surveys showed on Sunday that growth in the services sector picked up to 53.9 last...

  • US manufacturing slows as output and hiring weaken Monday, 2 Mar 2015 | 10:18 AM ET

    WASHINGTON— U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its manufacturing index slipped to 52.9 in February from 53.5 in January. U.S. manufacturers have been held back in recent months by...

  • *Manufacturing data expected from Markit, ISM. *Investors will also eye data on the manufacturing sector, with financial data firm Markit final Manufacturing Purchasing Managers Index expected at 9:45 a.m.. The Institute for Supply Management's reading on the manufacturing sector is scheduled for release at 10:00 a.m..

  • WASHINGTON— The Institute for Supply Management reports on a survey about U.S. manufacturing production, orders and other activity in February. The trade group of purchasing managers will release its manufacturing index at 10 a.m. Eastern Monday. SLOWER BUT STEADY: Manufacturers have been held back in recent months by weak growth in China, Europe and Japan.

  • *Domestic demand already driving Hungary, Poland. WARSAW, Mar 2- Central Europe's manufacturing expanded in February, a series of reports showed, and an expected economic recovery in the euro zone, the region's largest export market, should help it continue to grow. The Purchasing Managers' Index for manufacturing in Poland, the region's biggest economy, eased...

  • The latest Markit/ CIPS UK Manufacturing Purchasing Managers' Index rose a full point to 54.1 in February from an upwardly revised January reading. "This reinforces the picture of a broader growth revival in the UK so far in the opening quarter," said Rob Dobson, senior economist at survey compiler Markit. Markit said many respondents linked this to a rise in...

  • BENGALURU, March 2- Euro zone manufacturing growth steadied in February to match January's six-month high, helped by a weaker euro that boosted export orders and a faster pace of hiring, a business survey showed on Monday. "The euro zone manufacturing sector barely expanded in February, highlighting the malaise that still hangs over the region's...

  • *China steps up policy easing, India uses fiscal levers. SYDNEY, March 2- The tide of global stimulus is swelling as China cut interest rates and India launched an expansionary budget over the weekend, even as a mixed bag of manufacturing surveys underlined the challenges facing the region. There was better news from the private HSBC/ Markit version of the PMI on...

  • BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed, adding to the view that yet more interest rate cuts will be needed. The People's Bank of China cut interest rates on Saturday, in the latest effort to support the economy as...

  • Survey shows China manufacturing improving Sunday, 1 Mar 2015 | 10:49 PM ET

    BEIJING— China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed. HSBC's manufacturing index based on a survey of factory purchasing managers rose to 50.7 from January's 49.7. The HSBC survey, conducted by Markit Economics, found growth in output and total new orders...

  • BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed on Monday, underlying economic fragility that may need more policy support. China's central bank cut interest rates on Saturday, just days before the annual meeting of...