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European Markets Open Higher on US-China Trade Optimism


Monday, 25 February 2019 15:21 WIB

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European stocks open higher Monday as investors monitor the ongoing China-U.S. trade talks.

The pan-European Stoxx 600 was up by 0.5 percent at 372.51 with every sector in the black.

In Asia, stocks rose on the back of renewed trade optimism after U.S. President Donald Trump announced a postponement of a deadline - March 1 - which would have triggered fresh trade tariffs on China. Both countries continue working to reach an agreement over trade. If a deal is reached, Trump said there will be a summit with Chinese President Xi.

Source : CNBC


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