European Markets React to Trade Truce

European markets presented a mixed opening this Tuesday, reflecting the ongoing uncertainty in global trade despite the recent 90-day suspension in the tariff dispute between the US and China. This development comes after US markets experienced a significant surge, fueled by the announcement of a temporary reduction in tariffs, hinting at a possible easing of the escalating trade conflict.

Key Reports and Indicators to Watch

Investors are keenly awaiting financial reports from major corporations such as SoftBank, Nissan, Honda, and Bayer. Additionally, economic indicators including British unemployment data and Germany's ZEW economic sentiment indicator are slated for release, offering further insights into the economic landscape.

Market Performance at a Glance

The DAX saw a modest increase of 0.30%, while the Euro Stoxx 50 and the CAC 40 remained flat. Conversely, the FTSE 100 experienced a slight decline of 0.15%. Currency markets also showed movement, with the euro and pound both gaining ground against the dollar.

More updates to follow as the situation develops...