BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks rose notably on Friday
after overnight data showed a sharp rise in U.S. weekly jobless claims, stoking
optimism the Federal Reserve will start cutting interest rates this year.

The dollar and bond yields dipped, reflecting investors' expectations that the
Fed may cut interest rates in September or November.

Markets now eagerly await next week's April U.S. producer price index (PPI) and
the consumer price index (CPI) for signs that inflation has resumed its downward
trend towards the Fed's 2 percent target rate.

The benchmark DAX was up 129 points, or 0.7 percent, at 18,815 after rallying 1
percent the previous day.

Online retailer Zalando jumped over 3 percent as Berenberg upgraded its rating
on the stock to 'buy' from 'hold.'



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