European shares near five-year high after U.S. data

Posted by Forexsq 524 days ago (http://www.reuters.com)
img European shares hit a near five-year high and the dollar hovered close to a seven-month peak on Thursday, as strong U.S. retail sales figures helped bolster hopes of a global economic recovery.

February's statistics, published on Wednesday, showed consumer buying in the United States grew at the fastest pace since September, the latest data indicating the world's biggest economy is expanding more rapidly.

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