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European markets open higher; sterling weighed down with British PM set to face leadership challenge


Wednesday, 12 December 2018 15:44 WIB

saham-saham eropaIndeks Stoxx Europe 600


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European stocks opened higher Wednesday morning, as President Donald Trump said he was upbeat about the chances of securing a trade deal with China. Meanwhile, sterling was weighed down on news that British Prime Minister Theresa May will face a vote of no-confidence from members of her own Conservative party later in the session.

The pan-European Stoxx 600 was up around 0.3 percent shortly after the opening bell, with most sectors and major bourses in positive territory.

Market focus is largely attuned to global trade developments, after Trump said talks between the world's two largest economies were ongoing and he would not raise tariffs on Chinese products until he was sure about a deal.

CNBC


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