European shares, yuan rally on report that China open to partial U.S. trade deal
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MILAN (Reuters) - European shares moved sharply higher and the Chinese currency in the offshore market jumped on Wednesday after a Bloomberg report said China was still open to agreeing a partial trade deal with the United States.The pan European STOXX 600 stock benchmark was up 0.7% by 0930 GMT, while Germany's trade-sensitive DAX gained 1.3% to hit a one-week high.The news of a partial trade deal rippled through currency markets sending trade-oriented currencies such as the Australian dollar..