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European stocks rise as lockdown easing boosts sentiment

European stocks rallied as cautious optimism about the easing of coronavirus lockdowns around the world helped investors shrug off concerns over escalating US-China tensions. London’s FTSE 100 gained 1.6 per cent in morning trading on Tuesday. Boris Johnson, the UK prime minister, indicated on Monday that the country’s economy will open further — if the spread of the virus is contained — with all non-essential retailers able to trade on June 15.
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