Encouraging signs from the Chinese economy helped buoy global equity and commodity prices and offset fresh uncertainty over the outlook for the eurozone.
But activity was relatively light given the closure of US markets for Thanksgiving.
Hopes that China would avoid a “hard landing” were boosted by a preliminary November reading on the HSBC-Markit manufacturing purchasing managers’ index of 50.4 – the third increase in a row and the first time since October 2011 it has risen above the 50 threshold that nominally separates contraction from expansion.
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