The upward momentum for the markets is partly due to the release of Chinese manufacturing data showing faster growth in the sector.
A report from the
Revised estimates released by
Meanwhile, a separate report from
The manufacturing index for the euro zone fell to 51.8 in June from 52.2 in May, although a reading above 50 indicates the twelfth consecutive month of growth.
Not long after the open, the
Economists expect the ISM's manufacturing index to edge up to a reading of 55.8 in June after climbing to 55.4 in May.
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