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European Shares Extend Gains As Growth, Rate Hike Worries Ease

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks rose on Friday to hover near a nine-month high, as investors cheered signs of slowing U.S. inflation and better-than-expected trade data from China.

Closer home, the German economy likely stagnated in the fourth quarter of last year with GDP rising 1.9 percent over the full-year 2022, official data showed.

Separate data showed the British economy unexpectedly grew in November.

GDP grew 0.1 percent in the month as food and drink businesses benefited from the FIFA World Cup.

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