7/13/2018, 9:03 AM (Source: TeleTrader)
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Europe opens higher after NATO summit

European markets opened higher on Friday as the North Atlantic Treaty Organization (NATO) leaders completed the organization's annual summit in Brussels on Thursday. United States President Donald Trump urged the European NATO members to boost their defense spending to 2% of their GDP.

The US president is visiting the United Kingdom today where he will meet with UK Prime Minister Theresa May and Queen Elizabeth II. He said earlier that May's Brexit plan could jeopardize a future trade agreement with the US.

The FTSE 100 opened 0.48% in the green at 9:01 am CET. DCC plc increased the most, climbing 1.59% at 9:01 am CET.

The DAX climbed at 0.46% at 9:02 am CET. The best trading stock was Deutsche Post AG, gaining 1.45% at 9:05 am CET.

The CAC 40 increased 0.42% at 9:01 am CET.

The euro fell 0.19% against the dollar to sell for 1.1649 at 9:03 am CET.

Breaking the News / SS