Market

European Markets Brace for Lower Open Amid Trade Tariff Optimism and Key Economic Data Releases

Market Outlook

European markets are poised for a mostly lower opening this Tuesday, as investors cautiously hope for an easing of US President Donald Trump's trade tariffs. The focus shifts to a slew of economic data releases that could influence market sentiments.

Economic Calendar Highlights

Today's economic calendar is packed with key indicators, including European manufacturing output data, French price index figures, Britain's jobs report, and Germany's ZEW economic confidence survey. These releases are expected to provide fresh insights into the health of the European economy.

Market Movements

At 8:00 am CET, the FTSE 100 remained flat, showing no change. Meanwhile, the Euro Stoxx 50 saw a decrease of 0.33%, the DAX lost 0.11%, and the CAC 40 was down by 0.43%.

Currency Fluctuations

The euro held steady against the dollar at 7:59 am CET, trading at 1.13455. In contrast, the pound gained 0.10% against the greenback, reaching 1.32020.