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10/11, 11:59 AM (Source: TeleTrader)
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European equities jump on trade, Brexit optimism

Shares in Europe extended gains before noon on Friday as trade optimism grew stronger after China announced it will be easing restrictions on foreign capital. Negotiators from Beijing are continuing talks with United States counterparts later in the day, and President Donald Trump is also expected to meet with China's Vice Premier Liu He.

Meanwhile, European Council President Donald Tusk warned that he expects a workable Brexit proposal from the UK today for a deal to be reached. Still, he noted there were "promising signals" from the Irish PM who met with Boris Johnson yesterday.

The DAX jumped 1.88% at 11;57 am CET as the FTSE 100 added 0.25% at the same time. The CAC 40 increased 1.17% at 11:43 am CET.

The euro advanced 0.10% against the dollar, buying $1.10160 at 11:58 am CET. The British pound gained 0.50% on the US currency, changing hands for $1.25006 concurrently.

Breaking the News / NI