Market Report - Europe Close
European stocks were sharply higher on Friday following news that the US and China have reached an initial trade deal, thus avoiding a new round of tariffs, with a landslide victory for the Conservative Party in the UK general election also boosting sentiment.
European stocks jumped on Thursday after Washington offered to roll-back of the existing tariffs on Chinese exports and cancel new duties if in exchange Beijing agreed to hike its purchases of US agricultural products, measures to protect intellectual property and increased access to its financial services sector.
European stocks advanced on Wednesday amid reports that the US could push back the planned implementation date for new tariffs on Chinese exports.
European stocks finished on a mixed note on Tuesday, buffeted by similarly mixed headlines around the current state of the ongoing US-China trade talks.
European stocks were lower on Monday after the release of weak Chinese trade data, although another report revealed stronger-than-expected German exports.
European stocks jumped on Friday following a much stronger-than-expected reading on the US jobs market and after China dialled back some of its tariffs on US goods, although German factory data missed expectations.
Investors were loathe to keep pushing stocks on the Continent higher, despite the boost to investor sentiment from positive headlines on US-China trade and 'merger talk' in the luxury goods sector.
European stocks bounced back on Wednesday, as reports suggested Sino-US trade negotiations were making progress and investors digested data from China and the Eurozone.
European stocks finished the Tuesday session on a mixed note following comments from US President Donald Trump which added to trade worries, even as the threat of new American tariffs sent French luxury stocks into the red.
European stocks finished sharply lower at the start of the week, relinquishing earlier gains as trade war uncertainty vied against strong data out of China and the Eurozone.
European stocks dipped on Friday, amid investor caution around the latest Sino-US trade developments and after a reading on Eurozone inflation came in above expectations.
European stocks were slightly lower on Thursday as investors feared a new law passed in Washington could scupper progress made in trade negotiations with Beijing.
European stocks finished on a mixed note on Wednesday, despite positive comments on Sino-US trade out of Washington and a surprise improvement in French consumer confidence.
European stocks were subdued on Tuesday as reports of progress in high-level trade talks between Beijing and Washington appeared to fail to inspire investors.
European stocks finished higher on Monday as Sino-US trade optimism abounded, while a closely-followed German business survey met expectations.
European stocks were higher on Friday as investors' trade war worries were alleviated by comments from Chinese President Xi Jinping.
European stocks finished in the red on Thursday, following mixed messages on Sino-US trade even as lawmakers on Capitol Hill passed a bill on Hong Kong that could prove a stumbling block for negotiations.
European stocks dipped on Wednesday after US President Donald Trump threatened China with higher tariffs, while US support for protesters in Hong Kong added to concerns about relations between the two nations.
European stocks ended on a mixed note on Tuesday, as Chinese trade war gloom appeared to overshadow good news for Huawei.
European shares finished on a mixed note on Monday following conflicting reports about the current state of US-China trade negotiations.