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Monday, December 1, 2014

U.K. manufacturing PMI is at highest level in four months

U.K. manufacturing PMI edged up to its highest level in four months, rising slightly to 53.5 in November from 53.3 in October and topping consensus of 53.0. Domestic demand offset falling exports due to sluggish orders from the euro zone and emerging markets. The pound gets a lift and is up 0.5% at $1.5722, while the FTSE 100 is -0.8%.

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