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Global Markets: German growth surprise lifts Europe as China subdues Asia

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - Strong German economic growth data drove the euro to a three-week high on Tuesday and gave European stocks a lift after five days of falls put them at a two-month low.The uplift to sentiment came after disappointing Chinese industrial and retail figures had subdued Asia, with investors also pondering whether a marked flattening in the U.S. yield curve might be a harbinger of a more global slowdown.There was no sign of that in German where an 0.8 percent third-quarter growth reading beat forecasts and showed the economy growing at annualised rates of more than 3 ...

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First Published: Tue, November 14 2017. 19:01 IST