European stocks are set to open higher on Wednesday morning, as market participants monitor signs of progress in U.S.-China trade talks.
div > div.group > p:first-child"> The FTSE 100 is seen 8 points higher at 7,399, the CAC is expected to open up around 32 points at 5,455, while the DAX is poised to start 91 points higher at 11,845, according to IG.Market focus is largely attuned to global trade developments, after White House economic adviser Larry Kudlow said Washington expects to"make more headway" in talks this week.
A long-running trade dispute between the world's two largest economies has battered financial markets in recent months, souring business and consumer sentiment.Back in Europe, U.K. Prime Minister Theresa May has said she will ask the EU for an extension to the Brexit deadline in order to"break the logjam" in Parliament.
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