European stocks set to rise after the U.S. and EU strike trade agreement

European stocks set to rise after the U.S. and EU strike trade agreement


Heineken beats profit expectations

Heineken posted a beat on first-half operating profit, coming in at just over 1.4 billion euros ($1.6 billion).

The brewer is backing its guidance for the year, saying it expects organic profit to grow between 4-8%.

— David Martin

Opening calls

Good morning from London.

There’s just under an hour and a half to go until stocks begin trading for the first time since the U.S. and European Union agreed to a trade deal.

Futures tied to the Stoxx Europe 600 index point to a strong start with the index expected to open 0.8% higher.

Regionally, the German DAX is expected to rise 1%, France CAC 40 index is set to be 0.4% higher and the U.K.’s FTSE 100 is expected to rise 0.5%.

— Ganesh Rao



Source

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