Europe closes higher with economy in focus - Breaking The News
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Europe closes higher with economy in focus

EPA-EFE/RONALD WITTEK

Major stock market indexes in Europe closed higher on Tuesday after the Deutsche Bundesbank, despite noting downsides to Germany's current economic condition, reported an improvement in that country's industrial production and stable employment. On Wednesday, Germany, Britain, and the Eurozone will unveil their latest results in services and manufacturing.

The DAX went up by 0.66% as Vonovia increased by 2.78% at 5:35 pm CET. The FTSE 100 gained 0.23%, WITH Fresnillo PLC jumping by 5.49%. The CAC 40 stood 0.61% higher at 5:35 pm CET as ArcelorMittal SA grew by 2.67%. The Eurostoxx 50 rose by 0.84%, with ASML Holding NV soaring by 3.55%.

The euro lost 0.41% to the dollar at 5:33 pm CET to sell for $1.08514, having previously hit its nine-week low against the United States currency. A minute later, the pound sterling fell by 0.15% against the greenback to go for $1.27372.

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