Signals from China that a “phase one” trade deal was close to being finalized lifted investors’ sentiment.
As the United States and China are in the making of a “phase one” trade deal, hopes of a breakthrough have boosted sentiment.
Survey data showed Britain’s services sector stalled last month due to concerns about Brexit and point uncertainty as the main feature of the Pre-Brexit economy.
The euro edged down on Monday as investors awaited Christine Lagarde’ s first address as European Central Bank chief.
The United States and China on Friday said they made progress in trade talks boosting trade optimism. But, market participants remain concerned about a slowdown in the U.S. economy.