European markets higher as French inflation eases; Moncler shares jump 10% [MSNBC.com]
BANK OF CHINA UNSP/ADR (BACHY)
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Source: MSNBC.com
Krisztian Bocsi | Bloomberg | Getty ImagesLONDON — European markets were higher Friday as investors weighed the region's economic outlook and assessed fresh data.The pan-EuropeanStoxx 600Autos stocks led the gains, up 2%, with chemicals and household goods both trading more than 1.4% higher.PreliminaryHarmonized consumer prices came in at 1.5% in September, down from 2.2% in August, according to the French statistics officeInseeThe euro fell on the news and was last seen trading at $1.1154, down around 0.2%.Looking at individual stock moves, shares of Italian fashion groupMonclerLVMHMeanwhile, shares of Spanish bankBanco SabadellBBVASpeaking to CNBC's Charlotte Reed on Thursday, Banco Sabadell CEO César González-Bueno said BBVA's proposal is "very volatile" and offers a "completely insufficient" price. Earlier in the week, BBVA CEO Onur Genç told CNBC that the takeover was "moving according to plan."watch nowVIDEO4:1404:14Banco Sabadell CEO says BBVA bid is a 'very volatile offer'Stre
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