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European stocks set to climb on US-China trade optimism

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European shares are set to start Friday's session in positive territory, with investors hopeful of progress in U.S.-China trade talks.

Britain's FTSE 100 is seen 30 points higher at 7,263, Germany's DAX 41 points higher at 11,472 and France's CAC up 28 points to 5,323, according to IG index data.

As the U.S. and China restart trade talks, 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 he had a"productive working dinner" with officials the previous night.

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European stocks seen slightly higher on report of US-China trade breakthroughEuropean shares are set to open higher after a report said the U.S. and China are making swift progress in trade talks. Good So many breakthroughs... everyday This is a hell of a manipulation scam, this deal/no deal crap...
Source: CNBC - 🏆 12. / 72 Read more »