4 percent in the first quarter, with sales seen up 1

  • 4 percent in the first quarter, with sales seen up 1

    Autos drive European shares higher Canada Goose Online after Xi pledges tariff cut

    MILAN (Reuters) European shares rose on Tuesday, canada goose clearance led higher by gains among automakers after Chinese President Xi Jinping promised a considerable reduction in auto import tariffs this canada goose black friday sale year.

    The German buy canada goose jacket cheap share uk canada goose outlet price index, DAX board, is seen at the canada goose clearance sale stock exchange in Frankfurt, Germany, March 21, 2018.

    Xi promised to canadagooseoutletshop open canada goose uk outlet China economy canadian goose jacket further and lower import tariffs buy canada goose jacket on products including cars canada goose in a speech seen as conciliatory amid rising trade tensions with Washington.

    would see this as a major step towards opening the Chinese economy and to easing the canada goose factory sale very tense trade atmosphere. The primary beneficiaries Canada Goose Coats On Sale would be German carmakers and the canada goose uk shop German economy as a whole, Evercore ISI analysts wrote.

    According to their estimates this could lead to earnings tailwinds of cheap Canada Goose up to canada goose store 4.5 billion euro ($5.5 billion) Canada Goose online for German carmakers. BMW is canada goose uk black friday expected to benefit most, followed by Daimler and VW.

    Xi also said Canada Goose Parka China would Canada Goose Jackets raise the canada goose coats on sale foreign ownership limit in the cheap canada goose uk auto sector soon as possible and push previously announced measures to open the financial sector.

    Elsewhere mergers and acquisitions activity and earnings dominated trade.

    If confirmed the Canada Goose Outlet approval would remove the last major obstacle to the deal, which Baader Helvea analyst Markus Mayer said would be highly accretive for the German group.

    the Monsanto deal takes place, the implied portfolio change together with a potential agrochemical cycle recovery might lead to uk canada goose a re rating, Mayer related website said.

    Givaudan Canada Goose sale was a weak canada goose coats spot after the fragrance and flavor maker reported a weaker than expected sales increase during its first quarter despite a boost from new contract wins and acquisitions.

    According to Thomson Reuters data, STOXX 600 earnings are estimated to rise 3.4 percent in the first quarter, with sales seen up 1.1 percent. Energy companies are expected to be the main drivers of growth.