European stocks seen slightly higher on report of US-China trade breakthrough

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

European shares are set to open higher after a report said the U.S. and China are making swift progress in trade talks.

European shares are set to begin Thursday's session in the black after a report said the U.S. and China are making swift progress in trade talks.Britain's FTSE 100 was seen 26 points higher at 7,206, Germany's DAX 5 points higher at 11,418 and France's CAC up 11 points at 5,312, according to IG index data.

But gains look set to be capped by lingering jitters over a slowdown in economic growth. Bond markets have in the past week signaled a U.S. recession may be coming, with the U.S. 10-year Treasury yield recently falling below that of the 3-month bill, in what is known as a yield curve inversion. Back in Europe, the fate of Brexit looked as uncertain as ever. British Prime Minister Theresa May offered to resign if her twice-defeated withdrawal deal was finally passed by Parliament, in a move that failed to impress some hardline Brexiteers and Northern Ireland's DUP party.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah, forget that scaredy cat mentality

This is a hell of a manipulation scam, this deal/no deal crap...

So many breakthroughs... everyday

Good

Australia Australia Latest News, Australia Australia Headlines