Market Rebounds as Trade War Fears Subside

Germany's DAX index experienced a significant uplift, climbing more than 2% this Tuesday. This marks a hopeful rebound from the recent downturns caused by global trade tensions initiated by US President Donald Trump's announcement of widespread tariffs.

European Markets Show Positive Momentum

By 1:38 pm CET, the DAX had increased by 2.27%, with the FTSE 100 and the CAC 40 not far behind, adding 2.48% and 2.13% respectively. The Euro Stoxx 50 also saw an improvement, rising by 2.12%.

Currency Gains Reflect Market Optimism

The euro strengthened by 0.27% against the dollar, trading at $1.09378 by 1:30 pm CET. Similarly, the pound appreciated by 0.38% against the dollar, reaching $1.27729, signaling a broader market confidence.