6/19, 7:52 AM (Source: TeleTrader)
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European stocks rise premarket amid trade optimism

European markets were higher in Wednesday's premarket trading after United States President Donald Trump confirmed he will meet with his Chinese counterpart Xi Jinping at the upcoming G20 summit in Japan. Trump also said later that he wants to reach a fair trade deal with Beijing, insisting that he spoke to Xi and that he thinks "a deal is on the way."

Meanwhile in the United Kingdom, Boris Johnson won the second round of the Conservative Party contest with 126 MP votes. Johnson stated, following the vote, that London will leave the European Union in October, stressing that he is prepared to leave without a deal if necessary.

The FTSE 100 was 0.14% in the positive territory premarket. The DAX added 0.08%, while the CAC 40 rose by 0.07% during premarket trading. The euro traded flat against the dollar, buying 1.1192 at 7:52 am CET.

Breaking the News / SS