European stock markets increase on the U.S. Presidet talk

Source: Bloomberg
© Scanpix/Reuters
The Stoxx Europe 600 Index was 0.7% higher to 264.74 points in early London trading session on Monday. European stocks advanced after three days sliding and from  a three-month low. Investors traded positive as Barack Obama, the  U.S. President, expressed his confidence that an agreement with Congress will be reached on the next year budget and a fiscal cliff resolution.

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