European shares are set to open slightly higher Friday amid progress in U.S.-China trade talks, but gains look set to be capped on concerns of slowing economic activity in the euro zone.Britain's FTSE 100 was seen 3 points higher at 7,407, Germany's DAX up 12 points at 12,001 and France's CAC just 2 points higher at 5,468, according to IG index data.
Chinese Vice Premier Liu He, meanwhile, said that new consensus had been reached by both parties on the text of a deal, official state news agency Xinhua reported.
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I find it absolutely comical that you people keep using 'trade optimism' as the reason markets go higher. How many times can the market go up on the same exact event..?
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