India, Feb. 13 -- European stocks are likely to open higher on Thursday after U.S. President Donald Trump and Russian President Vladimir Putin have agreed to start talks to end the Ukraine War in a significant step towards resolving the conflict.
After a phone call between them, both leaders expressed hope for a peaceful resolution.
Meanwhile, Trump could sign his reciprocal tariff plan that will match other countries' higher import taxes sometime later today. The new U.S. tariff rates would take effect "almost immediately".
Asian markets were broadly higher as a heavy selloff in U.S. government bonds paused. The yen was on the back foot while the euro was buoyed by Ukraine peace talks.
Gold traded near record highs above $2,900 per oun...