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10 July 11:13

European stock markets hit new all-time highs, buoyed by optimism over tariff negotiations between the US and trading partners.

Delia Niculescu

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International

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European stock markets rose sharply, with Frankfurt's Dax index hitting an all-time high of 24,639.10 points. London's FTSE 100 and the CAC 40 in Paris also climbed as investors were upbeat about US-EU tariff negotiations. Tariffs vary and the EU hopes to keep tariffs at 10% on European goods. The price of bitcoin also topped $112,000, while oil prices fell slightly.

Sources

Financial Intelligence

Noi maxime istorice, pe bursele europene; optimism cu privire la un acord comercial UE-SUA

Bursele europene au atins noi maxime istorice, pe fondul optimismului cu privire la un acord comercial UE-SUA

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European stock exchanges historical high negotiations customs tariffs USA

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