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19.08.202505:53:51UTC+00European Markets Head for Higher Open

European stocks appeared poised for a positive opening on Tuesday, buoyed by advancements in peace talks involving US President Donald Trump, Ukrainian President Volodymyr Zelenskiy, and European leaders. According to President Trump, security assurances for Ukraine are to be furnished by European nations in conjunction with the United States. As part of the agreement, Ukraine has committed to acquiring approximately $90 billion in US weaponry. Furthermore, Trump mentioned that he has been in communication with Russian President Vladimir Putin and is endeavoring to facilitate a direct meeting between Putin and Zelenskiy, which may potentially lead to a trilateral summit among the three presidents. With no significant economic data releases or corporate earnings scheduled in Europe today, the market sentiment was primarily influenced by these geopolitical advancements. In premarket activity, Euro Stoxx 50 futures went up by 0.2%, and Stoxx 600 futures saw a 0.1% increase.

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