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Europe heads higher after GDP data

Feb. 13, 2015 3:59 AM ETEWG, EWQ, BUNL, BUNT, EWGS, GGOV, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor5 Comments
  • European stocks are adding to the previous session's gains, following mostly positive growth figures in the eurozone.
  • Boosted by strong domestic demand and household spending, the German economy rose 0.7% in Q4 after expanding 0.1% in the previous three months.
  • Data from France showed that GDP grew by 0.1% during the quarter, meeting analysts' expectations.
  • Matching the growth rate in 2013, the French economy expanded by just 0.4% last year, while Germany boosted growth for 2014 to 1.6%.
  • Update: The eurozone economy saw growth of 0.3% in the last quarter.
  • ETFs: EWG, EWQ, EWGS, BUNL, DBGR, DAX, DXGE, GGOV, FGM, BUNT, QDEU, HEWG
  • FTSE 100 +0.7%; DAX +0.6%; CAC 40 +0.8%; Euro Stoxx 50 +0.9%.

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