European stock markets are moving up on Friday as investors evaluated signs of degradation of commercial tensions between the United States and China, increasing hopes for further trade agreements before lifting the deadline for the cessation of US duties in July.
The Pan -European Stoxx 600 .stoxx index rose 0.6% to 540.67 points. The index is on track to record its first rise for three weeks. Other important regional indicators were also negotiated higher.
White house official said on Thursday that the US has reached an agreement with China on how to accelerate rare land missions to the United States.
With concerns about tensions in the Middle East have been second -fashioned at present, investors’ interest focuses on evidence of progress for new trade agreements before the highest duties on the highest duties threatened by US President Donald Trump notes in early July.
EU leaders discussed new US proposals for a trade agreement at the Brussels Summit on Thursday. Commission President Ursula von der Laien did not rule out the possibility of duties for duties, saying that “all options remain on the table”.
European car shares drive 1.5%rose. Media shares are also positive 1.2%.
Source: Skai
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