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European stocks driven by the US, foreign trade and the Michigan index improve

Consumer sentiment has come to be worth 57,8 points, in clear recovery – Transactions with foreign countries have instead risen to 9,5 billion euros – European lists are doing well, especially Frankfurt.

European stocks driven by the US, foreign trade and the Michigan index improve

European stock exchanges accelerated in the afternoon in the wake of the latest data from the United States. In July, foreign transactions in the USA rose to 9,5 billion euros, a clear increase against the 3,7 billion of the previous month.

As for the consumer sentiment index elaborated by the University of Michigan, the value stood at 57,8 in September. Economists had expected a more contained recovery, to 56,3 from 55,7 points in August.

About an hour after the close of trading, Milan gained 0,68%, Paris 0,75% and London 1,18%. But the best place among the European ones at the moment is Frankfurt, up by 2,06%.

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