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9/30, 9:02 AM (Source: TeleTrader)
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Europe opens higher with data in focus

Major stock markets in Europe opened higher on Thursday after the United Kingdom revealed its gross domestic product (GDP) saw a quarterly rise of 5.5% in the second trimester of the year. Later in the day, Germany and the European Union will unveil their latest results concerning the unemployment rate. Earlier, the EU and the United States agreed to cooperate on several technological and economic matters, including the supply of semiconductors.

The DAX advanced by 0.45% at the opening as Merck KGaA gained 1.51%. The FTSE 100 increased by 0.54%, with Pearson PLC expanding by 1.60%. The CAC 40 rose by 0.79% as Kering SA went up by 1.54%.

The euro stood flat against the dollar to go for $1.16022 at 8:57 am CET. At the same time, the pound sterling grew by 0.19% against the greenback to sell for $1.34516.

Breaking the News / JR