(Reuters) – The main European scholarships are progressing at the start of the session on Friday, carried by the overall enthusiasm as to the possibility of a de -escalation in the customs war between Washington to Beijing.
In Paris, the CAC 40 earns 1.31% at 7,693.28 points around 07:10 GMT. In Frankfurt, the Dax advances 1.28% and in London, the FTSE 100 rises by 0.79%.
The Eurostoxx 50 index is up 1.17%, the FTSEUROFirst 300 of 0.93%and the Stoxx 600 of 0.89%.
The Chinese Ministry of Commerce said it was “to assess” a proposal from Washington to organize talks about 145% surcharge imposed in Beijing by President Donald Trump.
In the midst of a season of quarterly results, this announcement has enabled the world markets to recover somewhat while many companies have been forced to lower or remove their annual perspectives in the face of the threat of customs obstacles.
Many indicators are also expected during the session, including the “PMI” indices in France, Germany and the euro area, inflation in the euro zone and the number of non-agricultural jobs in the United States.
On the values ​​side, Airbus gained 4.4%, ING 4.5% and Shell 3.4% after their quarterly results. Basf, on the other hand, yields 1.6% after its warning regarding the uncertainty caused by customs duties.
(Written by Pauline Foret, edited by Augustin Turpin)
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