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EU Stocks Surge, Extend its Longest Rallying Streak in Two Years


December, 12 2016
watermark Economic news

European stocks extended its longest rallying streak during Friday’s trading session, with EU stocks hitting its highest rallies in over two years following highly supportive projected policy plans from the European Central Bank. The Euro Stoxx 50 Index closed down the previous session within 0.7% of an impending bullish market, while the Stoxx Europe 600 Index increased by 1%. The Italian FTSE MIB Index meanwhile dropped by 0.7% after posting its highest three-day increase in six months.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.