Europe opens higher as shift turns to trade

Friday, 10. January 2020 09:01

European stocks opened with gains on Friday as geopolitical tensions in the Middle East declined and investors focused on the latest China trade deal comments by United States President Donald Trump which come a week ahead of the phase one agreement signing. Meanwhile, Brexit certainty increased despite warnings from the European Union as British MPs voted for the government's Withdrawal Agreement Bill.

The FTSE 100 started 0.41% higher at 9:01 am CET, with International Consolidated Airlines Group jumping 4.32% at 9:07 am CET after news of a change in leadership. The CAC 40 increased 0.23% at 9 am CET and Atos gained 1.45% at 9:06 am CET. Germany's DAX was 0.29% up at 9:02 am CET as RWE AG surged 5.85% at 9:03 after the company completed a large solar project in Texas.

The euro was flat against the dollar, going for 1.11069 at 9:02 am CET.

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Author:
Breaking the News / VP