1/14/2020, 11:00 AM (Source: TeleTrader)
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European stocks turn positive after slow start

Markets in Europe reversed losses from earlier in the session to trade higher on Tuesday as investors anticipated tomorrow's signing of the phase one trade deal between the United States and China and awaited earnings from major US banks.

The FTSE 100 rose 0.38% at 10:58 am CET. NMC Health contributed most to the index' performance as its shares jumped 3.22% at 11:00 am CET.

The DAX added 0.21% at 10:59 am CET with Continental, up 2.28% at 11:01 am CET, leading the gains.

The CAC 40 was up 0.04% at 10:59 am CET. The best performer was Pernod Ricard which climbed 1.26% at 11:02 am CET.

The euro lost 0.06% against the dollar to sell for 1.11315 at 11:03 am CET and the pound declined 0.19% compared to the US currency to go for 1.29694 at the same time.

Breaking the News / NP