Europe stocks approach seven-month high on U.S., China optimism

European stocks on Wednesday rose to nearly a seven-month high, helped by optimism over U.S.-China trade talks and an agreement for increased spending in the world’s largest economy.The FTSE 100 UKX, +0.66% advanced 0.7% to 7,565.18.

Also helping was a report in The South China Morning Post that a U.S. delegation led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin is likely to visit Beijing next week, for the first face-to-face meetings since the G20. An in-person meeting between Lighthizer, Mnuchin and Vice-Premier Liu He, who leads China’s negotiation team, would be seen as a positive step towards reducing trade tensions, the report said.

Computer peripheral maker Logitech LOGN, +6.87% LOGI, +2.05% jumped 6% in Swiss trade after confirming 2020 targets for sales growth and operating income.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Europe stocks gain, oil jumps on Middle East tensionsEnergy stocks booked the largest gains in Europe after crude oil prices jumped at least $1 per barrel, on concern that Iran's seizure of a British tanker last week may lead to disruptions in the Middle East.
La source: trtworld - 🏆 101. / 63 Lire la suite »