Euro Area Hit by Market Volatility as ECB Mulls March Action

Updated on
  • Composite PMI fell to 53.5 in January from 54.3 in December
  • Gauge points to growth of as much as 0.4% at start of year

European Stocks Surge for Second Day

Private-sector growth in the euro area slowed to the weakest in almost a year as volatility in financial markets highlighted risks to economic growth, Markit Economics said.

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