European Markets Open Lower After Holiday Break

As trading resumed after the long Easter weekend, major European stock indexes mostly opened lower on Tuesday. The markets are reacting to the ongoing uncertainties surrounding United States President Donald Trump's trade policies, which continue to weigh heavily on investor sentiment.

Trade Deal Expectations Between EU and US

During Italian Prime Minister Giorgia Meloni's visit to the White House, Trump expressed his expectation to reach a trade deal with the European Union before the 90-day tariff delay expires. This statement has added another layer of anticipation and concern among market participants.

Market Performance at a Glance

DAX dropped 0.21% at 9:00 am CET, while the CAC 40 lost 0.14%. The Euro Stoxx 50 declined by 0.27%. In contrast, the FTSE 100 saw a slight increase of 0.14% at the opening bell.

Currency markets also reflected the cautious mood, with the euro trading 0.14% lower against the dollar at $1.14998 by 8:58 am CET. Meanwhile, the pound gained 0.07% against the greenback, trading at $1.33887.

Stay tuned for more updates...