European stocks set to extend gains as world awaits Trump-Putin meeting

After 3 consecutive days of gains, the pan-European Stoxx 50 looks acceptable to emergence again today, with futures tied to the scale past seen trading 0.6% higher.

Those tied to the German DAX, France's CAC 40 and London's FTSE 100 are besides each up by astir 0.6%.

Market participants volition beryllium watching quality retired of the highly anticipated meeting betwixt U.S. President Donald Trump and his Russian counterpart Vladimir Putin, with hopes gathering that a solution connected the warfare successful Ukraine tin beryllium reached.

— Chloe Taylor

Danish jewelry marque Pandora connected Friday posted a somewhat weaker-than-expected emergence successful second-quarter income and maintained its full-year outlook contempt flagging continued weakness successful China.

Revenues roseate 8% connected an integrated ground to 7.08 cardinal Danish kroner ($1.10 billion) successful the three-month period, conscionable shy of the 7.12 cardinal Danish kroner forecast by LSEG analysts.

China recorded the largest diminution successful integrated sales, down 15%, portion the U.S. accelerated 12%. Pandora said show successful China "continues to beryllium challenged" and announced an anticipated doubling of store closures successful the state to 100 this year.

The institution nevertheless reiterated its full-year forecast for integrated income maturation of 7% to 8% and an operating nett borderline of astatine slightest 24%, including the interaction of U.S. tariffs.

— Karen Gilchrist