Strong German retail sales keep European shares near seven-year highs

Strong German retail sales keep European shares near seven-year highs, European shares rose close to seven-year highs on Tuesday as better than expected German retail sales further buoyed investors days before the European Central Bank kicks off a trillion-euro bond buying program.

The gains follow a rise in Asia .MIAPJ0000PUS and another record day on the Wall Street .DJI .SPX.

Euro zone government bond yields were slightly higher but remained near record lows as investors anticipated the ECB's purchases. The central bank will finalize the details of its scheme at its meeting on Thursday and may start buying immediately after that...Read More