LIVE MARKETS-Positive start on tariff optimism
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POSITIVE START ON TARIFF OPTIMISM
It's been a positive start for Europe's major equity markets on Tuesday as U.S. President Trump's latest comments on tariffs support sentiment.
Trump on Monday said that he may give "a lot of countries" a break on tariffs, even as his "Liberation Day" deadline of April 2 approaches.
The STOXX 600 is up 0.5%, recovering from a slight drop on Monday.
Most other major bourses are also higher.
Energy stocks .SXEP are leading gainers as Brent crude LCOc1 trades higher for a fifth day and at its highest in three weeks.
Retail stocks lag .SXRP, dragged lower by Kingfisher KGF.L as the home improvement retailer recorded a fall in FY pretax profit and warned about weak consumer demand in both Britain and France.
Here's your opening snapshot:
(Samuel Indyk)
TUESDAY'S OTHER LIVE MARKETS POSTS:
EUROPE BEFORE THE BELL: STEADY AS SHE GOES CLICK HERE
RELIEF RALLY STARTS TO FIZZLE CLICK HERE
Projected increase in effective tariffs for exports to the U.S. under reciprocal tariff regime (percentage points) https://reut.rs/3DTsQiz
Average tariff rates of U.S. and its top 15 trading partners https://reut.rs/4gsk5cA
European equity markets rise
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