Europe stocks higher to round off winning week; Sterling gains after slew of UK data

The regional benchmark is up more than 2% so far this week, putting it on course for its best performance since May 10.have also posted solid gains, with a big boost coming Thursday when weekly jobless claims fell and U.S. retail sales data wasremain shy of the levels they started the month at, but steady gains through the week have recuperated losses from the recent rout.On the data front on Friday, U.K. retail sales showed a rebound from a 0.9% decline in June to 0.

"We continue to think that rising real incomes, as inflation falls, should mean consumer spending growth accelerates over the rest of this year," Kerr said.The British pound was up 0.24% against the U.S. dollar at $1.288 on Friday morning, its highest rate for two weeks. Sterling was also slightly higher against the euro.Simone Biles

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