European stocks set to rise after the U.S. and EU strike trade agreement

Heineken posted a beat on first-half operating profit, coming in at just over 1.4 billion euros ($1.6 billion).

The brewer is backing its guidance for the year, saying it expects organic profit to grow between 4-8%.

— David Martin

Good morning from London.

There’s just under an hour and a half to go until stocks begin trading for the first time since the U.S. and European Union agreed to a trade deal.

Futures tied to the Stoxx Europe 600 index point to a strong start with the index expected to open 0.8% higher.

Regionally, the German DAX is expected to rise 1%, France CAC 40 index is set to be 0.4% higher and the U.K.’s FTSE 100 is expected to rise 0.5%.

— Ganesh Rao