The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on January 7 2019. Picture: REUTERS
Europe’s Stoxx 600 index gave up an early rise to slip 0.4% after surging 4% in the previous session, oil began to tread water and safe-haven US government bonds were making ground in debt markets. . Morgan Stanley’s economists called the Franco-German proposal a “powerful common response, helping to mitigate the risk of a southern slump”.
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