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Obama noted the US agreement with China in 2014 to set new limits on carbon emissions starting in 2025.
Banking shares were among the biggest risers on relief over the US agreement, with Barclays 5% higher and Lloyds Banking Group up 4%.
But some cautioned that Tuesday's US agreement had merely delayed a decision for two months, and predicted further volatility to come.
In a seven-minute address from the White House, the president cited the US agreement with China on carbon in 2014 as a "foundation for success in Paris".
But the two countries have found common ground politically, most recently with their vehement opposition to a US agreement with South Korea this month to install an advanced missile defence system there.
As it considers opening routes to Havana, the department's selection process has been complicated because airlines have requested far more routes than are available under the US agreement with Cuba.
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In November 2011 the government revealed its intentions to reach an arrangement with the US and said that discussions regarding a EU-US agreement on PNR had reached an advanced stage and a "political understanding had been reached".
What about suspending the EU-US agreement on exchanging financial data to track terrorist funding?
Next year the 1966 UK-US agreement, which made the territory available for defence purposes, comes up for renewal.
Margelov said a bilateral Russian-US agreement bound Russia to notify of a halt in adoptions 12 months in advance.
"Chagossians were forced from their Indian Ocean homeland as part of a UK-US agreement to build a military base on the Chagos Islands in the early 1970s.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com