Europe stocks higher on US-China trade optimism; UK set for another Brexit vote

Friday, 29 March 2019 16:05 WIB

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European shares were higher on Friday morning with investors hopeful of progress in U.S.-China trade talks.

The pan-European Stoxx 600 index rose 0.3 percent at the start of the last trading session of the month, with most sectors and major bourses in positive territory.

Market players turned their focus to trade negotiations between Washington and Beijing, after fears of a potential U.S. recession put global equities under pressure earlier in the week. Chinese Premier Li Keqiang pledged Thursday to further open up market access to foreign lenders and insurance firms. And on Friday, Treasury Secretary Steven Mnuchin said in a tweet on Friday that he and U.S. Trade Representative Robert Lighthizer had concluded "constructive" trade talks in Beijing.

Elsewhere, Brexit remains a source of worry, as a parliamentary deadlock over U.K. Prime Minister Theresa May's withdrawal deal rumbled on. 

Source : CNBC


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