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4/1, 5:31 PM (Source: TeleTrader)
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Europe closes higher on data reports

Major stock markets in Europe closed higher on Thursday as investors were digesting positive data reports that marked manufacturing record highs in Purchasing Manager's Indices for the United Kingdom, Germany and the Eurozone. Meanwhile, European Central Bank (ECB) Chief Economist Philip Lane confirmed that the institution would continue using ultra-easy monetary policy to maintain inflation.

In Britain Health Secretary Matt Hancock announced the establishment of a new Health Security Agency (UKHSA) as a body that would "plan, prevent, and respond to external threats to health", while the UK government is considering introducing digital COVID-19 vaccine passports for travelers.

The DAX closed with 0.66% in the green with Delivery Hero jumping 3.85%. The FTSE 100 gained 0.35% as International Consolidated Airlines Group grew by 4.93%, while the CAC 40 climbed 0.59% led Airbus soaring by 4.02%. The euro increased by 0.31% against the dollar to sell for $1.17676 at 5:37 pm CET, while at the same time the British pound grew 0.33% to $1.38274.

Breaking the News / LH