[Asia Economy Reporter Kwon Jae-hee] European major stock markets surged by more than 2% on the 16th (local time) as it was reported that Russia and Ukraine have approached some agreements.



According to CNBC and others, as of 6:19 PM Korean time (10:19 AM local time), the German DAX index is trading at 14,269.43, up 2.53% from the previous trading day. The UK FTSE 100 index is trading at 7,263.27, up 1.22% from the previous day. The French CAC 40 index is showing 6,529.26, up 2.74%.


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