European shares rebounded on Tuesday, with the Stoxx 50 and Stoxx 600 rising about 0.2%, supported by broader market gains. Investors remained focused on US trade policy developments, with some hope after the White House said Presidents Trump and Xi may speak this week, despite rising trade tensions.
Caution persisted as Trump's unpredictable tariff plans continued to unsettle markets. The US administration also asked an appeals court to pause a ruling that could block new tariffs and urged countries to submit trade proposals by Wednesday.
In Europe, attention turned to upcoming euro zone inflation data and the European Central Bank's interest rate decision later this week. Among stocks, UBS jumped 3.3% after Jefferies upgraded it to "buy," while Julius Baer dropped 1.9% after announcing new cost cuts worth 130 million Swiss francs by 2028.
Source: Trading Economi
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