UPDATE 2-European shares bounce but trade jitters linger on [Reuters (UK)]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
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Source: Reuters
European shares bounce but trade jitters linger on | Reuters 4 Min Read LONDON (Reuters) - Better-than-expected euro zone economic data and energy stocks galvanized by an OPEC agreement on a modest increase in oil production helped drive a bounce in European shares at the end of a tumultuous week marred by trade war worries. The pan-European STOXX 600 ended the day up 1.1 percent but recorded a 1.1 percent fall on the week as fears of rising global protectionism sank in, particularly for the autos sector. Shares in European carmakers and Germany's DAX .GDAXI briefly tanked in afternoon trading after President Donald Trump threatened a 20 percent tariff on car imports from the European Union. German carmakers Daimler ( DAIGn.DE ), Volkswagen ( VOWG_p.DE ) and BMW ( BMWG.DE ), which are heavily reliant on U.S. car sales, ended the day down 0.3 percent, 1.1 percent and 0.2 percent respectively. “Anything that comes on Twitter is just really noise, I don’t think you can use that as
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