Europe markets set for higher open despite Brexit, coronavirus concerns

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Europe markets set for higher open despite Brexit, coronavirus concerns
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European markets are set to open higher on Monday as investors appear to brush off concerns over the U.K.'s departure from the EU.

. The U.K. exited the EU at 11 p.m. on Friday and has now started an 11-month transition period in which it hopes to strike a trade deal with the bloc.

Negotiations are expected to be turbulent after the U.K.'s foreign minister said over the weekend that the U.K. would "not be aligning with EU rules" in any post-Brexit trade deal. Irish Prime Minister Leo Varadkar warned both sides not to set up rigid "red lines" ahead of talks.more than 7% by Monday afternoon as they returned to trade following an extended holiday amid the ongoing coronavirus outbreak. The death toll from the virus has now reached 361 people.

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