European markets climb on German business confidence data

Note: This section contains information in English only.
Source: Marketwatch
European stocks advanced on Monday driven by better than expected data on German business confidence index. Stoxx Europe 600 index surged 1%, German DAX rallied 1.2% and FTSE 100 added 0.8%. French CAC 40 index gained 0.7%. Spanish benchmark IBEX 25 index tumbled 0.7% on worries about country's fiscal outlook. 

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