EUROPEAN SHARES RISE AS TRADE WAR RESOLUTION HOPES CREATES OPTIMISM. Deutsche Bank strategist Jim Reid stated, “
Sentiment has improved overnight on the positive trade headlines with China’s
markets leading the advance.”
The chemical sector was
trading in negative territory, weighed down by Victrex, downgraded by Citigroup.
EU Trade Commissioner will meet with the
U.S. Trade Representative, Robert Lighthizer on March 6 to
converse about negotiating a
mandate for a trade deal on
industrial goods and raise
concern over potential future U.S. tariffs.
Eurozone producer prices slightly
rose in February
attributing to an inflation rate of 1.4%. The
UK 10 year Government Bond
decreased two basis points.
FTSE 100 +0.39%,
STOXX Europe 600 +
0.23%,
CAC 40 +0.41%,
German DAX -0.08%.
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