European equities peak 6 weeks after a break



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European stocks hit a six-week high on Thursday in hopes of a breakthrough in trade talks between the United States and the European Union supporting automakers, while the The market also absorbs a series of commercial results. Up 0.9% due to a drop in the euro at the end of the session, European Central Bank President Mario Draghi insisted on keeping interest rates at a lower level. low level until 1965

. The rally was held after Wednesday's meeting between European Commission President Jean-Claude Juncker and US President Donald Trump. Trump agreed not to charge European cars as both sides sought to reduce trade barriers. , Reducing the risk of a transatlantic trade war

The European automotive sector, the biggest winner among the sectors, increased by 2.6%.

Daimler rose 2.8%, reversing its weak performance early in the session after the announcement of the second quarter results, which showed that its earnings were negatively affected by the double price and fees.

Airbus jumped 4.5% to a new record after group results showed base earnings climbed in the second quarter.

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