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London Markets: FTSE 100 boosted by Chinese manufacturing data; advertising giant WPP adds 8%

London’s FTSE 100 was boosted on Friday by the latest Chinese manufacturing data and fresh trade deal developments between the U.S. and China.

WPP climbed after its results announcement.

How are markets performing?

The FTSE 100 UKX, +0.59% rose by 0.6% to 7,119.90 on Friday, after finishing the month up 1.5%.

The pound GBPUSD, -0.2111% retracted slightly after a week of highs, to $1.3236 from $1.3261 late in New York on Thursday.

What’s driving the markets?

The latest Caixin manufacturing purchasing managers index—a private gauge of factory activity in China — has come in well ahead of forecast, boosting investor optimism.

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