European stocks open higher ahead of services sector data – Reuters UK

European stocks open higher ahead of services sector data – Reuters UK

(Reuters) – European stocks surged Thursday as a series of poor local economic data fueled continued bets on easy monetary policy to fight the shock of the coronavirus outbreak.

FILE PHOTO: The DAX chart of the German Stock Price Index is shown on the Stock Exchange in Frankfurt, Germany August 31, 2020. REUTERS / Staff

The pan-European STOXX 600 index rose 0.9%, slightly reducing some…

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