London - Eurozone businesses ramped up activity this month, just as the European Central Bank (ECB) starts printing money to spur growth and inflation, while a slowdown among Chinese factories has fuelled calls for more stimulus there.
A disappointing Chinese survey of manufacturing added to signs the world's second biggest economy has lost momentum despite two interest rate cuts since November, alongside other policy easing measures.
By contrast, Tuesday's surveys showed signs of an economic pickup in the troubled eurozone, just as ECB policymakers unleash a roughly €1trn quantitative easing plan.