Trade talk, bank support hopes send European shares to three-month highs
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LONDON (Reuters) - Reports of progress in U.S.-China trade negotiations and hopes of a new scheme to support euro zone banks drove a strong rally in European stocks, which posted their best week since November and reclaimed three-month highs. The trade-sensitive German index jumped 1.9 percent while the STOXX 600 rallied 1.4 percent on the day and made a weekly gain of 3 percent. Chinese state news agency Xinhua reported China and the United States had reached a consensus in principle on some..