European Stock Markets Open Higher

European stock markets kicked off Tuesday on a positive note, with traders closely monitoring major corporate earnings and awaiting key data reports. The ongoing global trade talks are also playing a significant role in shaping investor sentiment.

Market Performances at a Glance

By 9:02 am CET, the CAC 40 saw a modest increase of 0.17%, buoyed by TotalEnergies SE which climbed 1.19%. The FTSE 100 outperformed with a 1.17% rise, thanks to Bunzl PLC adding 2.86%. Similarly, the Euro Stoxx 50 edged up by 0.18%, with BAY.MOTOREN WERKE AG marking a notable 1.39% gain. Germany's DAX also enjoyed a slight uptick of 0.15% by 9:03 am CET, with Continental AG leading the charge with a 3.45% surge.

Currency Movements

In the currency markets, the euro remained steady against the dollar, trading at 1.13262 at 8:57 am CET. The pound also held its ground against the American currency, quoted at 1.32984 around the same time.