11/27/2019, 9:00 AM (Source: TeleTrader)
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Europe opens higher on trade optimism

Equities on European stock markets started trading above the flatline following positive statements made by the United States and Chinese officials regarding the trade war. Meanwhile, Germany's statistical office Destatis reported the index of import prices in the country declined 3.5% on a yearly basis.

The FTSE 100 increased 0.29%, with Evraz plc growing 1.72%. The DAX was up 0.38%, as Infineon Technologies AG advanced 0.92%. The CAC 40 rose 0.23%, with Peugeot gaining 0.72%.

The euro decreased 0.15% against the greenback at 8:59 am CET, selling for $1.10078. At the same time, the pound fell 0.23% against the dollar to go for 1.28351.

Breaking the News / MD