Eurozone business growth hits two-year highs.

Eurozone flash manufacturing PMI has increased to a 26-month high of 51.3 in August from 50.3 in July and exceeded consensus of 50.8. Services also showed expansion, as did the composite figure. "The upturn is being led by Germany," while "a long-awaited recovery seems to be taking shape in the periphery." However, a "big question mark" still hangs over France.