European stock markets rallied,
European stock markets rallied, following on from broad gains in Asia as markets are staging a relief rally and are buying into hopes of a Brexit deal and at least a partial U.S.-Sino trade deal. As of 10:38GMT a 1.8% rally in the DAX led the scoreboard in Europe, with the FTSE 100 actually underperforming and up a mere 0.2% as the U.K. benchmark struggled with a stronger pound and a sharp jump higher in yields over the past week. U.S. President Trump sounded optimistic after the first day of talks and discussions will continue today, which helped U.S. futures to move up 0.9-1.1% ahead of the official open. In Asia Hong Kong stocks got a lift from discussions among protesters on a scale back of vandalism in the planned protests for the weekend and a 2.3% jump in the Hang Seng led a broad rally in Asian stock markets that left the Nikkei up 1.2% and the CSI 300 up 1%. The front end WTI future meanwhile moved up to USD 54.4 per barrel.