European shares rose on Monday, as investors welcomed signs of progress in U.S.-China trade talks aimed at cooling a trade war between the world's two largest economies and dispelling some of the uncertainty clouding financial markets.

The United States and China are set to announce details about progress made on a trade deal after officials from the world’s two largest economies engaged in a weekend of marathon negotiations in Geneva,

Global markets were lifted after the US and China substantially reduced tariffs imposed as part of a trade war between the world’s two largest economies.