European, Asian shares jump as China and Japan data gain momentum

SourceGulf Today
SectorFinancial Markets

Picture used for illustrative purpose. File Gulf Today Report European shares hit its nine-month high on Monday as Asian data look promising and COVID-19 vaccine seems on the way.    The pan-European STOXX 600 rose 0.7% by 08:05 GMT, with banks and travel stocks gaining the most.   In October, China recorded fast growth in its factory output, sales in retail soared as the economic recovery gains momentum.    READ MORE    Gold climbs as coronavirus cases surge   Oil jumps as investors remain hopeful of OPEC+ more...