European stocks are seen opening higher on Monday despite China reporting a slowdown in manufacturing activity.
Data released Saturday by the National Bureau of Statistics showed China's official purchasing managers' index fell to 50.4 in July from 50.9 in June, adding to concerns about a slowdown in the world's second-largest economy. It was the slowest figure since the index slumped to 35.7 in February 2020.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com