European Factors to Watch-Shares seen mixed; focus on Fed, ECB

LONDON, Aug 1 (Reuters) - European shares were set to open mixed on
Wednesday, with poor Chinese factory data and fading hopes of more action from
central banks to help the global economy seen prompting investors to avoid
strong bets before further clarity emerge.
China's official factory purchasing managers' index fell to an eight-month
low of 50.1 in July, suggesting the sector is barely growing. Copper prices fell
on concerns that demand for basic resources in the country, the world's big

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