European stocks rally accelerates
European stocks rallied in afternoon trading on Thursday after data showed U.S. inflation slowing, dimming the prospect of further aggressive U.S. rate hikes.
The Frankfurt DAX was up 3.3 percent around 1520 GMT, with the Paris CAC up 2.0 percent and the London's FTSE 100 up 1.2 percent.
Source: Agence France Presse
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