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STOXX bounces from 3-month lows



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STOXX 600 up 0.5%

Burberry announces turnaround

ASML sees growth through 2030

U.S. futures inch up; PPI eyed

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STOXX BOUNCES FROM 3-MONTH LOWS

A number of well-received earnings, relief over Burberry's BRBY.L turnaround plan, and reassuring targets from tech heavyweight ASML ASML.AS gave a boost to European stocks on Thursday, helping set aside concerns over China and Trump.

So, after falling to fresh 3-month lows on Wednesday, the STOXX 600 .STOXX was managing a decent bounce, with the region-wide index rising 0.5% in morning deals.

Germany's DAX .GDAXI did even better, up more than 1.2%, helped by a profit beat at Siemens SIEGn.DE, the second largest stock on the German benchmark index after SAP SAPG.DE.

Stronger energy stocks .SXEP also gave a helping hand.

Here is your opening snapshot:

(Danilo Masoni)

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EARLIER ON LIVE MARKETS

EUROPE BEFORE THE BELL: FUTURES INCH UP, EARNING IN FOCUS CLICK HERE

NO END IN SIGHT FOR TRUMP-FUELLED TRADE CLICK HERE


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