European stocks are set to open higher in a lighter trading session as traders grow confident that a trade agreement will be reached.

Of Britain FTSE 100 38 points are found to be 6,530 and France’s points CAC According to IG’s index data, it has increased by 15 points to 5,552. German and Italian markets are closed for Christmas Eve.

Britain and the European Union are said to be in a meeting on Thursday to conclude a post-Brexit trade deal. It comes after months of political conflict over key sticky points such as fisheries.

The Prime Minister of the United Kingdom Boris Johnson will speak with European Commission President Ursula van der Leyen at 7 a.m. London time. Johnson is expected to hold a press conference an hour later.

In Asia, stocks were largely higher as investors saw recent Brexit developments. Outside Japan, Asia-Pacific stocks MSCI’s broadest index rose 0.5%.

On Wall Street, the stock futures soared ahead of the final trading day of the holiday-abbreviated week.

President Donald Trump on Wednesday vetoed a major security bill, breaking the presidential-led Senate. The move comes after he called Congress’ long-delayed $ 900 billion corona virus relief package inappropriate “shame.”