European Stocks Look Up on Improving Economic Sentiment Data
It’s been a good day so far for European stocks, which have managed to climb to near six-month highs on Tuesday. Improving economic data coming out from China which served to reassure worries of a slowdown in one of the world’s largest economies, coupled with positive German ZEW economic sentiment have helped this climb higher.
German index DAX rose by over 0.7% after the German economic sentiment marked an improvement for the sixth consecutive month. The improvement in market sentiment has also pushed UK’s FTSE up today.
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