(Il Sole 24 Ore Radiocor) - Milano, 13 ott - European shares opened higher after signs of easing US-China trade tensions lifted sentiment. President Donald Trump said trade relations with Beijing "will all be fine", softening his tone after threatening to impose 100% tariffs on Chinese goods in response to China's new export curbs on rare earth minerals.

Investors' focus turned to central banks, with Federal Reserve chair Jerome Powell set to speak on the economic outlook on Tuesday, and ECB president Christine Lagarde due to address the IMF annual meeting in Washington later this week.

Key macroeconomic data are also awaited, including US inflation figures on Wednesday, though their release remains uncertain amid the ongoing government shutdown.

On the geopolitical front, the release of Israeli and Palestinian hostages began as part of the first phase of a US-brokered peace plan, while president Trump hosts leaders from 20 nations in Sharm el-Sheikh for a summit aimed at ending the war in Gaza and boosting stability in the Middle East.

On the data front, German wholesale prices rose 0.2% month on month and 1.2% year on year in September, according to Destatis.

At 0714 GMT, Frankfurt's DAX was up 0.58% at 24,408.00 points, Paris's CAC 40 gained 0.67% to 7,970.85, and London's FTSE 100 rose 0.20% to 9,446.30 points. Milan's FTSE MIB advanced 0.66% to 42,324.00 points, while Madrid's IBEX 35.

climbed 0.65% to 15,587.39 points.

(RADIOCOR) 13-10-25 09:29:43 (0139) 5 NNNN