European stocks were rising on Thursday, with President Donald Trump widely expected to unveil the framework of a trade deal between the U.S. and the U.K.
The continent’s flagship Stoxx 600 index climbed 0.5% in morning trading. Germany’s DAX led the way with a 1.1% gain, and France’s CAC 40 rose 0.8%.
The U.K.’s FTSE 100 was up just 0.2% ahead of Trump’s announcement on trade, but many of its constituents make a large percentage of their revenue from outside the U.K. The FTSE 250, which is much more focused on companies exposed to the domestic economy, added 0.9%.