European stocks take heart from improving growth outlook

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

LONDON: European stock markets mostly rose on Wednesday (Apr 17) as strong data from the world's two top economies sparked fresh hope for the ...

LONDON: European stock markets mostly rose on Wednesday as strong data from the world's two top economies sparked fresh hope for the growth outlook.US numbers released before Wall Street's opening bell showed that the trade deficit in February fell to its lowest level in eight months, thanks in part to rising aircraft and auto exports, according to government data released on Wednesday.

"And if a trade deal is struck in the coming months with the US, as many expect, perhaps things could even improve."ThinkMarkets analyst Naeem Aslam added that the data handed a boost to the overall outlook. Eurozone stock markets were firmly in positive territory at the close, while London lagged its peers as the pound strengthened.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks edge higher as Easter break saps volumesLONDON: The eurozone's main stock markets found higher ground on Monday (Apr 15) in subdued deals, with many investors away for the Easter holiday ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »