Stock markets rise on signs of Trump tariff retreat; British Steel races to keep furnaces burning – business live

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-lived

Here’s our story on the moves in financial markets this morning.

All of Europe’s major stock indices have jumped by more than 2% this morning, with the UK’s FTSE 100 index now up by 166 points, or 2.1%, to 8,130.

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As demand for motor and home insurance grows, Ageas will be perfectly positioned to gain market share and become the insurer of choice for our existing and new customers.