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2014.06.0905:02:00UTC+00European shares continue rising after improving US economic data

European shares continue its incline post-ECB meeting as US jobs data release push the market higher on open of markets Monday. European stocks were set to rise on the open of the week as the surge from the ECB announcement of new strategies and measures to battle the impending inflation. This week, after Friday's US' positive jobs data report, the European shares continue inched higher.

The FTSEurofirst 300 index gained 0.1% to 1,389.91 pips early morning in Europe. Holidays in several European countries like France and Germany have market participants expecting thinner volume trades. Equity markets are going to stay open across the euro zone despite the holidays.

The 217,000 payroll number that US employment data added had put the US back in its pre-recession days indicating a better turnout in the next quarter analysis. The labor industry is coming to fruition meaning for a good US economic growth which investors can go ahead and be confident about.

Market participants are looking now at the Italian stocks after its strong performance last week and ever since the start of the year. After the continuous rise in US stocks like S&P500 and the Dow Jones Industrial Average, Italian stock is now on focus after the US indexes confirmed ratings on the sovereignty debt of Italy.



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