European Markets End Week on High Note

European stock markets closed higher on Friday, buoyed by optimism over potential easing in the global trade war. Investors reacted positively to recent comments from United States President Donald Trump, who hinted at progress in trade negotiations with Japan and China.

Key Developments in Trade Talks

President Trump announced nearing a final agreement with Japan and revealed that Chinese President Xi Jinping had reached out to him. These developments have fueled hopes for a resolution to the ongoing trade tensions that have weighed on global markets.

Bank of England's Uncertainty

Amid the trade optimism, Bank of England policymaker Megan Greene expressed uncertainty about the future of US tariffs, highlighting the unpredictable nature of current trade negotiations.

Market Performances

The DAX and Euro Stoxx 50 saw significant gains, with standout performances from MTU Aero Engines and Compagnie de Saint-Gobain. London's FTSE 100 remained flat, while the CAC 40 posted modest gains, led by Accor.

Currency Movements

The euro and pound both weakened against the US dollar, reflecting the day's mixed financial signals.