4/17/2018, 9:06 AM (Source:
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European stocks open higher ahead of earnings

European stock markets started the Tuesday trading session with gains as investors anticipate a fresh set of earnings released by major companies including the banking giant Goldman Sachs and pharmaceutical powerhouse Johnson & Johnson. On the data front, the UK unemployment figures and the EU economic sentiment will be posted after the bell. Meanwhile, the US President Donald Trump reportedly decided to withhold additional sanctions against Russia in response to Moscow's support for the regime of Bashar al-Assad and its alleged use of chemical weapons in Douma.

The FTSE 100 was 0.15% higher at the start, with the mining sector leading the way. The DAX gained 0.40% at the opening bell, with Bayer as the best performer. Meanwhile, the main French index CAC 40 added 0.22% to start the trading day in the green, pushed higher by ArcelorMittal.

The euro was 0.17% higher against the dollar to go for 1.2401 at 9:05 am CET, while the pound gained 0.23% versus the greenback to change hands for 1.4371 around the same time.

Breaking the News / FH