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Markets are largely mindful of global trade developments as representatives of the world's two largest economies are ready to meet for a new round of talks next week.
US Treasury Secretary Steven Mnuchin said on Wednesday that the Washington and Beijing sales representatives would aim to reach an agreement next week. There are less than three weeks left until the end of the talks before March 2, the US tariffs on Chinese products are increased.
In Asia, the broadest MSCI share index for the Asia Pacific region, excluding Japan, edged up 0.2%, reaching its highest level since early October.
Trade was clear Thursday with the closure of Chinese financial markets for the Lunar New Year.
Returning to Europe, investors will likely closely follow the latest decision taken by the Bank of England regarding interest rates at noon. The UK central bank will also release its report on inflation in 50 days before the country leaves the European Union.
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