European Markets Anticipate Lower Opening

European markets are gearing up for a predominantly lower opening this Tuesday. The cautious optimism stems from hopes that US President Donald Trump might ease trade tariffs, a move that could significantly impact global trade dynamics.

Today's Economic Calendar Packed with Key Releases

Investors are closely watching a slew of economic data set to be released today. Highlights include European manufacturing output, French price index figures, Britain's jobs report, and Germany's ZEW economic confidence survey. These indicators are crucial for assessing the health of the European economy amidst ongoing global trade tensions.

Market Movements at a Glance

As of 8:00 am CET, the FTSE 100 remained flat, showing no significant movement. Meanwhile, the Euro Stoxx 50 saw a decrease of 0.33%, with the DAX and CAC 40 losing 0.11% and 0.43% respectively. Currency markets showed the euro trading flat against the dollar at 1.13455, while the pound gained 0.10% against the greenback, trading at 1.32020.