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European Shares Edge Higher Amid Middle East Peace Hopes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European stocks were broadly higher on Tuesday, the dollar fell from a two-month high and Brent crude futures fell below $93 a barrel after Israel and Iran agreed to halt attacks against each other, boosting hopes that peace negotiations could move forward.

Investors also cheered data that showed China's exports and imports expanded rapidly in May.

Closer home, German industrial output increased 0.4 percent on a monthly basis, in contrast to the revised 0.1 percent fall in March, Destatis reported.

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