European markets poised to open higher as U.S. debt ceiling talks continue

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European markets poised to open higher as U.S. debt ceiling talks continue
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European markets look set to open higher Friday as U.S. debt ceiling talks boost investor sentiment.

The United States and Taiwan reached an agreement on a number of trade items, marking a deal on the first part of the bilateral "21st Century Trade" initiative.

The first agreement under the initiative includes: customs administration and trade facilitation, good regulatory practices, services domestic regulation, anticorruption, and small and medium-sized enterprises, the United States Trade Representative said in a release. US trade representative Katherine Tai said of the agreement, "This accomplishment represents an important step forward in strengthening the U.S.-Taiwan economic relationship."between the U.S. and Taiwan.European markets are expected to open higher on the final day of the trading week.

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