European Stock Markets Downbeat On Poor Growth Data
European stock markets rose Thursday after poor German and French economic data fueled speculation that the European Central Bank would be forced to roll out stimulus measures. London’s benchmark FTSE 100 index rose 0.48 percent to stand at 6,688.46 points ahead of British growth data due on Friday. The German economy, which is also Europe’s biggest, stalled in the second quarter, hit by weak exports and falling investment, casting a cloud over recovery in the crisis-battered eurozone region.
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