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In Paris, the CAC 40 index rose 0.4% to 5,003.27 points after more than an hour of trading. In Frankfurt, the Dax gained 0.27% and in London, the FTSE takes 0.16%.
The Eurozone's EuroStoxx 50 rose by 0.46%, the FTSEurofirst 300 gained 0.28% and the Stoxx 600 gained 0.27%.
White House economic adviser Larry Kudlow said Tuesday night that the planned meeting between Donald Trump and Xi Jinping on the sidelines of the G20 was an opportunity to "turn the page" of the trade war between the two countries.
These statements have eased concerns over Donald Trump, who said he was ready on Monday to raise tariffs on 200 billion dollars (176 billion euros) of products imported from China to the United States. and to impose new ones if there was no progress in the discussions.
For his part, the Chinese ambassador to Washington told Reuters on Tuesday that Beijing hoped to reach an agreement at the Xi-Trump meeting, which could take place at a dinner on Saturday.
VALUES
Despite easing tensions on Sino-US trade, the automotive sector remains neglected and has the largest sectoral decline in Europe (-0.53%). It has already lost 2.52% the day before in response to information from the German press reporting that the US administration could announce next week tariffs of about 25% on car imports.
Among the largest declines in the Stoxx 600, Continental fell by 5.04%, followed not far off by Faurecia (-3.71%).
Red lantern of the CAC 40, Danone gives up 2.33%, penalized by the lowering of the council of Goldman Sachs to "sell" against "neutral". The influential US broker believes that the deterioration of demographic trends, particularly in China, should slow the growth of the agri-food group.
EDF advances by 3.52% after the statements of the Prime Minister, Edouard Philippe, who said that the state would make its decision on a possible strengthening of its equity stake in 2019 as part of a evolution of the model of the French energy company.
A WALL STREET
The New York Stock Exchange finished higher Tuesday after returning late in the session in favor of Larry Kudlow's statements on trade.
The Dow Jones index closed on a gain of 0.44%, the S & P-500 gained 0.33% and the Nasdaq Composite ended almost unchanged (+ 0.01%).
US index futures are trending up slightly.
IN ASIA
The positive closing of Wall Street favored the trend in Asia, where the Tokyo Stock Exchange closed up 1.02% to hit a high of two weeks.
Chinese stock markets have also moved forward, supported by hopes of support for the economy from the government and easing trade tensions.
The mainland Chinese CSI 300 index advanced 1.33%, moving away from a low of almost a month.
EXCHANGE
The dollar stabilizes against a basket of reference currencies, after touching Tuesday a two-week high due to trade tensions.
Forex traders will watch closely for US Federal Reserve Chairman Jerome Powell at 5 pm GMT in front of the New York Economic Club, which may give new insights into the pace of future monetary tightening amid a slowdown. world economy.
The Fed chairman has been the subject of further criticism from Donald Trump who said Tuesday the Washington Post is "not even a little" satisfied with Jerome Powell.
For its part, the euro tried unsuccessfully to return to the contact of $ 1.13 before falling back to 1.1280. The single currency has lost more than 1.5% since peaking at 1.1472 on November 20th, affected by disappointing economic indicators in the eurozone.
RATE
New hopes for trade after Larry Kudlow's statements halted the decline in bond yields. Ten-year Treasuries are stable around 3.05% before the 13.30 GMT release of the second US GDP estimate for the third quarter.
In Europe, the bond market is just as calm, with the yield on the ten-year German Bund easing slightly around 0.342%.
OIL
Crude prices are rising, supported by the prospect of an agreement on a reduction in production at the meeting of OPEC on 6 December. The closure of Britain's largest oil field in the North Sea for maintenance also supports prices, writes traders.
The barrel of Brent comes back to more than 60 dollars and the barrel of light crude American (WTI) is treated around 52 dollars.
(Edited by Marc Angrand)
by Blandine Henault
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