European Market Updates

European Shares Inch Up In Cautious Trade

European shares inched higher on Thursday after a survey showed consumer confidence in Germany has improved more than expected.

The forward-looking consumer sentiment index rose to -9.6 in July from revised -18.6 in June reflecting the rapid reopening of the economy after coronavirus-related lockdown and economic stimulus package, according to survey results published by market research group GfK. The score was forecast to rise moderately to -12 from June's initially estimated -18.9.

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by RTTNews Staff Writer

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