European Markets Open Mixed as Trade Uncertainty Persists
European markets opened in mixed territory on Tuesday, reflecting lingering concerns over the global trade outlook despite a temporary 90-day truce in the U.S.-China tariff dispute.
While the agreement to pause and roll back some levies lifted global markets on Monday, investors remain cautious about what follows the short-term reprieve.
At the open, the FTSE 100 in the U.K. dipped by 4 points to 8,591, France’s CAC 40 edged down 3 points to 7,834, and Italy’s FTSE MIB fell 30 points to 39,222. Germany’s DAX, however, showed early strength, climbing 23 points to 23,569, according to IG data.
Cautious Sentiment Despite Global Rally
Although global markets rallied yesterday following the tariff news, overnight trading in Asia-Pacific was more muted. This caution appears to be spilling into European sessions, driven by doubts over the long-term durability of U.S.-China trade negotiations.
Adding to market unease, U.S. stock futures fell overnight as traders await key inflation data, including Thursday’s producer price index, which could influence the Federal Reserve’s monetary policy trajectory.
Focus on Earnings and Economic Data
European investors are also watching a busy earnings slate, with results expected from SoftBank, Tata Motors, Nissan, Honda, Metro Bank, and Bayer. On the macroeconomic front, the day includes critical releases such as U.K. retail sales, unemployment figures, and Germany’s ZEW economic sentiment index, all of which could sway market direction.
Despite the brief trade breakthrough, markets appear to be adopting a wait-and-see approach, reflecting continued caution amid uncertain global conditions.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
