Berlin recorded its fastest growth since the early days of the eurozone debt crisis, while oil prices rose marginally after Wednesday’s dip to below $30 a barrelA solid performance by the German economy and hints of a delay to the next US interest rate rise calmed nerves in London and recent York after a week of panicked stock market trading that has left many investors counting enormous losses.
The Dow Jones index of leading US corporations climbed 225 points on Thursday while the FTSE 100 reversed a 130 loss in early trading to finish 42 points lower at 5918.
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Source: theguardian.com