European markets soar on Friday

European equity markets have shrugged off dismal US retail sales data that spoiled moods on Thursday and have skyrocketed today with DE30 surging nearly 2% from the morning low. While there is no direct reason behind the move it looks like traders remain hopeful that more trade and Brexit negotiations that have been scheduled for the next week will eventually lead to some positive conclusions.

Gold hits 14-month high after Chinese data miss; USD rises after retail sales
Technical Overview: Gold
Gold gains despite the stronger dollar
Poor Chinese data sends Gold to 14-month high
Economic calendar: Focus on US and Chinese data
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