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European indices bounce back at the open to kick start the new week

  • Eurostoxx +0.8%
  • Germany DAX +1.0%
  • France CAC 40 +0.5%
  • UK FTSE +0.4%
  • Spain IBEX +1.0%
  • Italy FTSE MIB +1.1%

US-China trade tensions remain the main driver and for now, there is an air of optimism ahead of the Trump-Xi meeting next week. Investors are hoping for good news to come before the meeting and more to follow after as well. That as we also gear towards the next rate cut by the Fed at the end of the month. US futures are sitting higher with S&P 500 futures up 0.4% on the day, so that’s helping with the mood too.

This article was written by Justin Low at investinglive.com.

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