European Markets Show Signs of Recovery

Germany's DAX index experienced a significant uptick, climbing more than 2% on Tuesday. This marks a partial recovery from the recent sharp declines that were triggered by the announcement of extensive global tariffs by US President Donald Trump, which had led to considerable market unrest.

Across the Board Gains

At 1:38 pm CET, not only did the DAX rise by 2.27%, but the FTSE 100 and the CAC 40 also saw increases of 2.48% and 2.13%, respectively. The Euro Stoxx 50 wasn't left behind, improving by 2.12%.

Currency Movements

The euro and the pound both gained against the dollar, with the euro trading 0.27% higher to sell for $1.09378 and the pound gaining 0.38% to go for $1.27729 at 1:30 pm CET.