Helping the positive tone in Europe is Germany's December manufacturing PMI, rising to 48.4...

|By:, SA News Editor

Helping the positive tone in Europe is Germany's December manufacturing PMI, rising to 48.4 ahead of an earlier estimate of 48.1 and last month's 47.9. The rise halts an unbroken string of declines going back to April, though Markit's Tim Moore notes manufacturers as saying the falloff in European demand since the summer has spread to emerging markets.