Europe closes higher as upbeat China data boosts German shares

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Europe closes higher as upbeat China data boosts German shares
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European stocks ended higher on Monday as trade-sensitive German equities took h...

- European stocks ended higher on Monday as trade-sensitive German equities took heart from surprisingly strong Chinese data after worries about domestic growth led to a shaky start.

The DAX index ended 0.52% higher, however, with investors counting on the European Central Bank to signal further easing of monetary policy at a meeting next week given slowing growth. The pan-European STOXX 600 rose about 0.4% in a choppy trading session, with sectors exposed to trade headlines including automakers .SXAP, chemicals .SX4P and basic resources .SXPP companies topping gains.

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