Sentiment Lifted by Eurozone Growth Data

Market sentiment improved a tad in European morning as economic data showed that Germany’s economic grew much more than anticipated. Moreover, there are signs that European governments would allow more time for Greece to fix its fiscal problems. European bourses waxed in waned as investors await the US economic data later today. In the commodity sector, oil prices rebounded but the front-month WTI contract continued to hover below 95 while the equivalent Brent crude contract struggled to break above 112.

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Sentiment Lifted by Eurozone Growth Data