Good morning from London, here are the opening calls<\/p>\n
General view of the City of London skyline, the capital’s financial district, in October.<\/p>\n
Sopa Images | Lightrocket | Getty Images<\/p>\n
Welcome to CNBC’s live blog covering all the action in European financial markets on Tuesday, as well as the latest regional and global business news, data and earnings.<\/p>\n
Futures data from IG suggests a generally positive start for European markets, with London’s\u00a0FTSE<\/a>\u00a0looking set to open unchanged at 8,774, Germany’s\u00a0DAX<\/a>\u00a0up 0.2% at 23,955, France’s\u00a0CAC 40<\/a>\u00a0up a notch at 7,679 and Italy’s\u00a0FTSE MIB<\/a> up slightly at 39,865.<\/p>\n The generally positive start for Europe comes as global investors begin to assess the trade talks and the tariff landscape as U.S. President Donald Trump’s 90-day reprieve from higher import duties is set to expire next week.<\/p>\n Asia-Pacific markets<\/a> traded mixed overnight as investors assessed the record gains on Wall Street and the prospects for trade deals, while U.S. equity futures were little changed early Tuesday after the\u00a0S&P 500<\/a>\u00a0notched another record to close out a stunning quarter.<\/p>\n U.S. Treasury Secretary Scott Bessent said Monday that there are “countries that are negotiating in good faith<\/a>.” However, he added that tariffs could still “spring back” to the\u00a0levels announced on April 2<\/a>\u00a0“if we can’t get across the line because they are being recalcitrant.”<\/p>\n Canada\u00a0walked back its digital services tax<\/a>\u00a0in an attempt to facilitate trade negotiations with the United States. Ottawa’s move to rescind the new levy comes after President Donald Trump said\u00a0on Friday<\/a>\u00a0that he would be “terminating ALL discussions on Trade with Canada.”<\/p>\n \u2014 Holly Ellyatt<\/p>\n What to look out for Tuesday<\/p>\n A Tante Enso store in W\u00f6rlitz, Germany.<\/p>\n Picture Alliance | Picture Alliance | Getty Images<\/p>\n The big data release in Europe on Tuesday is the latest preliminary inflation data from the euro zone. Analysts expect the rate to have hit 2% in the year to June, which would be in line with the European Central Bank’s target.<\/p>\n Earnings are set to come from Sodexo and Sainsbury’s. Other data releases include German unemployment figures and U.K. Nationwide house prices data.<\/p>\n CNBC continues coverage of the ECB’s forum in Sintra, Portugal, where central bankers have gathered this week.<\/p>\n \u2014 Holly Ellyatt<\/p>\n","protected":false},"excerpt":{"rendered":"Good morning from London, here are the opening calls General view of the City of London skyline, the…\n","protected":false},"author":3,"featured_media":29085,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[24936,64,81,135,8187,67,132,68],"class_list":{"0":"post-29084","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-breaking-news-europe","9":"tag-business","10":"tag-business-news","11":"tag-markets","12":"tag-stoxx-600","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114776420024341969","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/29084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=29084"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/29084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/29085"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=29084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=29084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=29084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}