European markets open higher as US-China trade talks continue - CNBC

Stocks in Europe open higher Tuesday morning as investors monitor trade and political developments.

The pan-European Stoxx 600 was up by 0.5 percent, with almost every sector in positive territory.

In Asia, stocks moved higher on the back of trade talks between the United States and China. Both countries continue to discuss a possible agreement over trade ahead of a self-imposed deadline of March 2. This week's talks are focused on intellectual property.

Furthermore, congressional negotiators said they have reached a tentative deal on Monday that would avoid another U.S. government shutdown.

In Europe, U.K. Prime Minister Theresa May will update lawmakers on the latest Brexit developments. The EU's Brexit negotiators Michel Barnier said Monday that time is running out to find a compromise over the Irish backstop. The U.K. remains scheduled to leave the EU on March 29.

Also on Tuesday, the OPEC will publish its oil market report and the Riksbank is due to have a monetary policy meeting.

There are some earnings reports from Kering, Thyssenkrupp and Randstad.

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via World - World Indonesia - Google News https://cnb.cx/2I8F7lt