German stocks are up firmly in positive territory Friday morning amid progress in U.S.-China trade talks ahead of the July 9 deadline. Easing concerns about Middle East tensions contribute as well to the positive mood in the market.
U.S. Commerce Secretary Lutnick stated that a U.S.-China trade deal outlined in Geneva has been finalized and it could be signed during the next round of talks in London in early July.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.