*China's official PMI slightly undershoots forecast. LONDON, Feb 1- The euro hit a fresh 14- month high and European stocks gained on Friday after economic data raised hopes that the region's downturn has eased, but moves were limited as investors await a U.S. jobs report. London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX were up between 0.5 and 0.8 percent.
NEW YORK, Feb 1- Prices for U.S. The numbers were "quite encouraging for both output and employment prospects ahead," said Andrew Wilkinson, chief economic strategist with Miller Tabak& Co. LLC.
WASHINGTON-- Liquidity Services Inc.' s shares sank Thursday after the online auction company cut its earnings outlook on the anticipated impact of the weak economy. Liquidity Services said that while economic conditions have improved, its overall outlook remains cautious due to the volatility in the broader environment.
*China factory, U.S. jobs data due Friday may give more support. SINGAPORE, Jan 31- London copper rallied to a three-and-a-half-month peak on Thursday as a revival in U.S. consumer spending and a recovery in Europe's banks added to evidence of strengthening global economic growth.
*Copper eyes 2013 peak of $8,256.50 from Jan. 3. SINGAPORE, Jan 31- London copper held near its 2013 peak on Thursday as a revival in U.S. consumer spending and a recovery in Europe's banks added to evidence of a strengthening global economic recovery.
*Nine-month profit 21.9 bln yen vs loss of 37.3 bln yen a yr ago. TOKYO, Jan 31- JFE Holdings Inc, the world's fifth-biggest steelmaker, kept its forecast for full-year net income of 35 billion yen even as it swung to a profit for the first nine months, underscoring concerns over the global economy.
The level of credit needed to spur economic growth has grown five-fold since the 1980 s, said Gross, who is a founder and co-chief investment officer of Pacific Investment Management Co. He likened the need for more and more government stimulus to produce ever-diminishing rates of growth to Japan's experience over the past decade.
SINGAPORE, Jan 31- London copper held near its 2013 peak on Thursday as investors focused on a revival in U.S. consumer spending and a recovery in Europe's banks as evidence of a strengthening global economic recovery. *Copper on Wednesday climbed to its loftiest since Jan. 3 at $8,245, drawing close to the early January top of $8,256.50.