Global equities burst higher on trade deal
Global equities rose Friday as investors, still buoyed by a landmark China-US trade deal, turned their focus to the earnings season and the global outlook, while also cheered by Chinese economic data.
In early afternoon European trade, London rose 1.0 per cent, Frankfurt jumped 0.7 per cent and Paris added 0.9 per cent, aided by news that China's economy appears to be stabilising.
"Stock markets in Europe are higher this morning as the bullish move in Asia overnight has influenced traders in this part of the world," said CMC Markets analyst David Madden.
"China released some broadly positive economic reports, which has boosted sentiment around the globe."
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