Europe Factors to Watch-Shares set to dip after soft Chinese data
January 23, 2014 at 01:33 AM EST
PARIS, Jan 23 (Reuters) - European stocks were seen edging lower on Thursday, mirroring losses in Asia after softer-than-expected Chinese manufacturing data fuelled concerns over the pace of growth in the world's second-biggest economy. The flash Markit/HSBC Purchasing Managers' Index (PMI) fell to 49.6 in January, from December's 50.5, suggesting that activity in China's factory sector contracted for the first time in six months. Financial spreadbetters expected Britain's FTSE 100 to o