European Stocks Look Up on Improving Economic Sentiment Data - Forex News by FX Leaders
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European Stocks Look Up on Improving Economic Sentiment Data

Posted Tuesday, April 16, 2019 by
Arslan Butt • 1 min read

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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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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