UPDATE 2-U.S.-China trade deal hopes drive European shares to 21-month high <!-- no image --> <div>* Luxury stocks gain as LVMH proposes offer for Tiffany (Updates to close, changes comments, recasts throughout)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xOpgN7i42PE:XpPt2AaVHe8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xOpgN7i42PE:XpPt2AaVHe8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xOpgN7i42PE:XpPt2AaVHe8:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=xOpgN7i42PE:XpPt2AaVHe8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=xOpgN7i42PE:XpPt2AaVHe8:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/xOpgN7i42PE" height="1" width="1" alt=""></div> Posted by Reuters