03-01-2017 11:25 via uk.news.yahoo.com

Sterling hits two-week high vs. euro after strong manufacturing PMI

By Jemima Kelly LONDON (Reuters) - Sterling hit a two-week high against the euro on Tuesday - the first day of London trading in 2017 - after a survey suggested British manufacturing growth climbed to a two-and-a-half-year high last month. The monthly purchasing managers index (PMI) for the manufacturing sector rose to 56.1, the strongest reading since June 2014.
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