European Stock Indexes Show Positive Momentum

In the early hours of Monday, European stock indexes demonstrated a strong upward trend. This surge came in the wake of a significant trade agreement between the United States and the European Union, a development that had been highly anticipated by market analysts.

Details of the US-EU Trade Deal

US President Donald Trump revealed that the EU has pledged to invest $600 billion in the US and to purchase $750 billion worth of US energy. This announcement has injected optimism into the markets, reflecting the potential for strengthened economic ties between the two regions.

Market Performance Highlights

By 8:00 am CET, the DAX had advanced by 0.88%, with the FTSE 100 adding 0.53%. The Euro Stoxx 50 saw a 1% increase, and the CAC 40 climbed by 0.68% by 8:06 am CET.

Currency Movements

The euro remained stable against the dollar, trading at $1.17408 at 7:58 am CET. Meanwhile, the pound experienced a slight decline of 0.08% against the dollar, settling at $1.34264.