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European Shares Set to Open Higher Following US-India Trade Deal

European equities are poised to open higher on February 3, 2026, after the United States and India announced a preliminary trade agreement that eases tariffs on key industrial and agricultural goods. The deal, finalized late Sunday, aims to boost bilateral trade and reduce market access barriers. Futures for the Euro Stoxx 50 rose 0.8%, while Germany’s DAX and France’s CAC 40 futures gained 0.7% and 0.6%, respectively. Analysts at JPMorgan noted the agreement could support export-oriented sectors in Europe by stabilizing global supply chains and lifting investor sentiment. The pact follows months of negotiations and is expected to be formally signed in March 2026.

EditorTan Wei Jie