European stocks ride China optimism, euro zone yields at highs

"We seem to be in a tug of war between the China reopening theme which basically means re-rating global growth expectations higher and the Fed re-pricing," said Vasileios Gkionakis, European head of FX strategy at Citi.

Estonian central bank chief Madis Müller made the case for further ECB rate hikes on Friday, while ECB vice president Luis de Guindos warned of persistent inflation.At 2.744%, the benchmark 10-year German yield was at its highest level since 2011 and on track for its biggest weekly rise since December .

Oil prices slipped, with Brent crude futures down 0.2% and West Texas Intermediate crude futures down 0.3% .

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European stocks rise on Fed relief, China demand reboundEuropean shares rose on Friday, as hopes that the U.S. Federal Reserve could adopt a measured approach for rate hikes ahead lifted technology stocks, while miners jumped on growing bets of demand recovery in China.
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European stocks edge higher; Chinese data hints at global recovery By Investing.com⚠️BREAKING: *EUROPEAN STOCKS EDGE HIGHER ACROSS THE CONTINENT TO START THE MONTH AS CHINESE DATA HINTS AT GLOBAL RECOVERY - 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧 SHORT ! Huge mistake. The turn point was the QE in Asia. The leading indicators followed the QE. SHOOOOOOOOOOOORT
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