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Reuters

Dollar set for record run, European shares rise

Cheered by upbeat German retail sales, which posted their biggest annual rise in 2-1/2 years in December, the pan-European FTSEurofirst 300 index advanced on Friday, with Germany's DAX index rising 0.6 percent. These are the first signs for the positive impact from low oil prices and are a good support for equities," Christian Stocker, equity strategist at UniCredit in Munich, said.