Market Overview

European stock markets showed a positive trend at the opening of Tuesday's trading session, with investors closely monitoring the initial talks between senior United States and Ukrainian officials. These discussions, aimed at resolving the conflict between Kiev and Moscow, are scheduled to take place today in Saudi Arabia.

Financial Highlights

In the corporate sector, Volkswagen has announced its full-year financial results for 2024, marking a significant moment for the automotive giant.

Market Performance

The DAX saw an increase of 0.52% at the start, while the CAC 40 improved by 0.48%. The Euro Stoxx 50 also added 0.47%. However, the FTSE 100 remained unchanged, trading flat.

Currency Movements

On the currency front, the euro strengthened by 0.54% against the dollar, reaching $1.08938 at 8:58 am CET, after achieving a new four-month high just moments before. Similarly, the pound appreciated by 0.25% against the dollar, trading at $1.29102 a minute later.

More updates to follow...