javascript:void(0)

Tuesday, 3 March 2015

Strong German retail sales keep European shares near seven-year highs

The German share price index DAX is seen at Frankfurt's stock exchange By Marius Zaharia LONDON (Reuters) - European shares rose close to seven-year highs on Tuesday as better than expected German retail sales further buoyed investors days before the European Central Bank kicks off a trillion-euro bond buying program. The gains follow a rise in Asia and another record day on the Wall Street . Euro zone government bond yields were slightly higher but remained near record lows as investors anticipated the ECB's purchases. German retail sales rose 2.9 percent month-on-month and 5.3 percent year-on-year in January, more than economists had forecast, helping lift Germany's DAX index 0.4 percent.








from Business News Headlines - Yahoo! News http://ift.tt/1EaWxVi

via IFTTT

No comments:

Post a Comment