Morning Bid: Brisk China activity sets the mood

A look at the day ahead in European and global markets from Ankur Banerjee After a tentative start to the month, markets in Asia got a jolt from China’s manufacturing activity which expanded at the fastest pace in more than a decade in February, and the exuberant mood is likely to seep through to European markets. The MSCI Asia ex-Japan index was pinned near two-month lows at the start of the day before spiking up 1.4%, and was on track for its best day in nearly two months after China’s manufacturing purchasing managers’ index for February surged to 52.6, up…