European markets head for higher open as positive momentum builds

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European markets head for higher open as positive momentum builds
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Markets have been buoyed by data this week showing improved business sentiment in Germany and an uptick in eurozone services and manufacturing activity.

German business sentiment has perked up this month, according to a widely watched survey from the Munich-based Ifo Institute.

However, manufacturing firms signaled improved present satisfaction and future optimism, and there was improved sentiment for trade.

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