Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
Strategists and multi-managers are moving back into China following the latest wave of economic reforms detailed in its Third Plenum, with some labelling the package of measures as the ‘catalyst' for stock market returns.
GDP slowed in Germany and declined in France in Q3, fuelling fears the eurozone recovery could be set to falter after weak inflation numbers earlier this month.