German trade hopes and data push European stocks upNews

German trade hopes and data push European stocks upNews

(Reuters) – Renewed optimism over a U.S.-China trade deal and smaller-than-expected decline in German economic output fueled gains in European equities on Tuesday, with Frankfurt shares peaking a month.

The DAX chart of the German Stock Price Index is presented on the Stock Exchange in Frankfurt, Germany on August 6, 2020. REUTERS / Staff

The pan-European STOXX 600 index rose 0.4%,…

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