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European markets seen mixed amid earnings, economic data


Thursday, 21 February 2019 15:19 WIB

EropaStoxx Europe 600


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European stocks are set to open mixed Thursday morning, amid rising hopes the world's two largest economies could soon secure a trade deal to end a protracted dispute.

The pan-European Stoxx 600 was flat shortly after the opening bell, with sectors and major bourses pointing in opposite directions.

Market focus is largely attuned to global trade developments, after U.S. and Chinese officials reportedly started to outline commitments in principle on the stickiest issues in their long-running trade dispute.

President Donald Trump has suggested he might be willing to extend the March 1 deadline for a deal, which would stop an immediate increase in tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent.

Source: CNBC


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