India, March 12 -- European stocks are seen opening on a firm note Wednesday after U.S. President Donald Trump dismissed concerns about a potential U.S. recession and asserted confidence in economic growth.
He acknowledged the challenges of his approach but expressed confidence in its outcomes.
Investors may also react positively to Ukraine's acceptance of a U.S. proposal for a ceasefire with Russia and easing tensions between the U.S. and Canada.
The Trump administration has lifted its suspension of military aid and intelligence sharing for Ukraine following talks in Saudi Arabia.
Kyiv has signaled it is open to a 30-day ceasefire in the war with Russia, pending Moscow's agreement.
In another significant development, Trump reversed an...