European stocks seen higher on trade optimism

Markets 12/7/2018, 7:58 AM
European stocks seen higher on trade optimism

European stock index futures pointed to a higher open on Friday following a selloff during the previous session. The markets are set to recover on new trade optimism after China's Commerce Ministry and United States Donald Trump both expressed confidence the two sides will reach a trade deal within the next 90 days.

The FTSE 100 is seen 1.09% in the green, the DAX is expected to add 0.42% and the CAC 40 is set to rise 0.56%. The euro was down 0.09% against the dollar, going for 1.13716 at 7:56 am CET.

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Share:

France 40 Ind...+0.45%

4,829.65
Chart for: France 40 Index

Germany 30 In...+0.44%

10,826.45
Chart for: Germany 30 Index

EUR/USD+0.06%

1.1334
Chart for: EUR/USD Spot

UK 100 Index+0.36%

6,840.52
Chart for: UK 100 Index