Europe trades mostly higher as May stays on as PM

Markets 12/13/2018, 9:19 AM
Europe trades mostly higher as May stays on as PM

European markets were mostly in the green in early trade on Thursday as the Chinese government announced it is considering changes to its Made in China 2025 economic development plan in an effort to ease trade relations with the United States. Meanwhile in the United Kingdom, British Prime Minister Theresa May fought off the no-confidence vote in the Parliament by a huge margin, with 200 votes in her favor. Later today, traders are also expecting the European Central Bank's decision on interest rates.

The DAX gained 0.43% at 9:15 am CET, led by Deutsche Bank AG. The FTSE 100 rose 0.32% at 9:21 am CET, with Tui AG ORD REG SHS NPV (DI) leading the gains, while the CAC 40 added 0.47% at 9:23 am CET, with Valeo as the best performer.

The euro gained 0.15% against the dollar, buying 1.3188 at 9:18 am CET.

Breaking the News / GG

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Share:

France 40 Ind...+0.18%

4,793.10
Chart for: France 40 Index

Germany 30 In...+0.16%

10,914.45
Chart for: Germany 30 Index

EUR/USD-0.01%

1.1412
Chart for: EUR/USD Spot

UK 100 Index+0.27%

6,895.50
Chart for: UK 100 Index