RE: 33p tomorrow3 Jun 2020 07:56
FTSE 100 to start higher following strong Chinese economic data
China's services index reported its highest reading since 2010, raising hopes of a similar economic recovery across the world as countries emerge from lockdown
The Caixin/Markit services Purchasing Managers' Index (PMI) rose to 55.0 in May from 44.4 in April, hitting the highest level since late 2010. The 50-mark separates growth from contraction on a monthly basis.