India, May 16 -- French stocks are up in positive territory on Friday, extending gains from the previous session, and lifting the market to a more than 1-month high, amid easing fears of a trade war.

Following announcements of U.S.-UK pact, and U.S.-China deal, reports about a positive progress in the EU bloc's discussions with the U.S. for considerable tariff reductions have bolstered investor sentiment.

Investors are also assessing the likely interest rate moves by central banks in upcoming meetings.

Fed Chair Jerome Powell warned in a speech on Thursday that near- zero interest rates are likely to be a thing of the past, and potentially more persistent, supply shocks could goose inflation higher and present a "difficult challenge for ...