European Stock Exchanges – Rapid Growth

The total stock index of the largest regional companies, Stoxx Europe 600, has risen by 0.53% since the beginning of the session. 389.22 points

The French CAC 40 increased by 0.68%, the German DAX by 1.39%, the Spanish IBEX 35 by 0.7% and the Italian FTSE MIB by 0.66%

. ] British FTSE 100 fell by less than 0.1%

Representatives of the United States and the European Union (EU) discussed various controversial trade issues. The parties have agreed to stop the introduction of reciprocal sanctions as the negotiations progress and the markets have been positively badessed by this message.

The US president said that Europe agreed to buy US soy beans and increase its liquefied natural gas imports. "The potential trade-offs for the markets are so important right now, as they reduce the threat of a full-fledged trade war," say Deutsche Bank badysts.

Market participants also evaluate business performance. Shares fell 2.4%, although profits of British and Dutch oil companies nearly quadrupled this quarter in the second quarter of this year.

The French Total Action rose 1.2%.

The earnings growth of oil companies was mainly driven by the rise in the black gold.

Airbus announced that net profit in the second quarter increased more than doubled by the European Aviation and Space Technology share of the technology company climbed by 4.1%

Roche, after a successful quarterly increase of its profit and profit forecasts this year, rose by 2.2%

Daimler's share rose 0.7%., although the net profit of the German automaker in April-June for various radiation fell by 2.44 billion. Euros at the same period last year to 1.73 billion euros.

The capitalization of the pharmaceutical company AstraZeneca increased by 2.8%. Although the pre-tax profit of the British company decreased by 16% in the second quarter, it reached 2%. increase in income.

Anglo American announced about 9 percent. – up to 1.29 billion In the US dollar – a half-year decline in profits, the mining giant's capitalization fell 1.2%. However, the company's revenues increased by 13% over the period. up to 13.7 billion Market participants are also awaiting the results of the July meeting of the European Central Bank (ECB).

An absolute majority of badysts think that the ECB will not change its monetary policy and Mario Draghi, head of the eurozone's central bank neutral statements.

At the June meeting, the ECB management decided not to change base rates until at least the end of summer 2019. It was also decided to reduce the monthly billing of October 30 to 30 billion from October. up to 15 billion and this December to complete this program