India, May 8 -- European stocks were moving higher on Thursday after U.S. President Donald Trump signaled progress toward a first trade deal in his global tariff dispute, without providing further details.
A news conference in the Oval Office is scheduled for 10 a.m. Washington time, with reports suggesting that Trump is likely to announce a framework of a trade deal with the U.K.
Investors were also reacting to the Fed's status-quo decision on rates and looked ahead to interest-rate decisions from regional central banks.
In economic releases, Germany's industrial production increased 3.0 percent month-on-month in March, in contrast to the 1.3 percent decrease in February, data from Destatis revealed. Output was expected to grow 0.9 perc...