Europe Markets: Trade optimism helps European stocks shrug off growth fears [MarketWatch]
Micro Focus Intl PLC ADS each representing One Ord Sh (MFGP)
US:NYSE Investor Relations:
investors.microfocus.com
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Source: MarketWatch
Trade optimism helps European stocks shrug off growth fears Most European markets rose modestly on Thursday morning, as weak German economic data failed to entirely damp positive sentiment on hopes of progress in U.S.-China trade talks. Results from U.K. software group Micro Focus and pharmacuetical company AstraZeneca also cheered investors. The Stoxx Europe 600 SXXP, -0.27% gained 0.5% to 366.72, a fourth-straight day of gains. Within the region, France’s benchmark CAC 40 PX1, +0.00% index was the best performer, rising 0.8% to 5,116.35. Germany’s DAX DAX, -0.54% rose 0.4% and the U.K.’s FTSE UKX, +0.18% was up 0.6%. The euro EURUSD, +0.2309% was flat against the U.S. dollar at $1.1270, while the British pound GBPUSD, -0.5450% dropped 0.28% to $1.2808. As trade talks between the U.S. and China progress , markets have begun to anticipate a positive outcome. “Slow but seemingly steady progress is being made on trade issues,” Jasper Lawler, head of research at London
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