<\/p>\n\n\n\n
European stocks saw modest gains on Tuesday, bolstered by news of the U.S.-China tariff truce extension, while investors awaited the release of key U.S. inflation data. At 03:10 ET (07:10 GMT), the DAX index in Germany rose by 0.3%, the CAC 40 in France gained 0.5%, and the FTSE 100 in the U.K. climbed 0.4%.<\/p>\n\n\n\n
U.S.-China Tariff Truce Lifts Market Sentiment<\/strong><\/p>\n\n\n\n Investor sentiment was buoyed by the Trump administration\u2019s decision to extend the U.S.-China tariff truce for another 90 days, announced late on Monday. This extension helped avoid the imposition of sharp tariffs that could have disrupted global trade. The truce ensures that relatively lower tariffs will remain in place between the world\u2019s two largest economies until November 10, preserving a recent reopening in U.S. chip exports and Chinese rare earths.<\/p>\n\n\n\n Under the new agreement, U.S. tariffs on China will remain between 30% and 50%, while Chinese tariffs on U.S. goods will range from 10% to 20%. The two nations had previously agreed to reduce their tariff levels from over 100% in May, offering a further boost to market optimism.<\/p>\n\n\n\n U.S. CPI Report in Focus<\/strong><\/p>\n\n\n\n European investors are also looking ahead to the release of Germany’s ZEW economic sentiment index for August, which will provide insights into the health of the eurozone\u2019s largest economy. Meanwhile, the focus of the day shifts to the U.S. consumer inflation report for July, which will provide further clues on the impact of the tariff dispute and how it may influence the Federal Reserve\u2019s decision on rate cuts.<\/p>\n\n\n\n The annual consumer price index (CPI) is forecast to rise to 2.8% in July, up from 2.7% in June, remaining above the Federal Reserve\u2019s target of 2%, which could prompt more discussions on future rate cuts.<\/p>\n\n\n\n Quarterly Earnings Reports<\/strong><\/p>\n\n\n\n In corporate news, Hannover Re (OTC: HVRRY) impressed with a 38% year-on-year jump in second-quarter net income, driven by stronger underwriting performance in property and casualty reinsurance and a solid reinsurance service result.<\/p>\n\n\n\n Homebuilder Bellway (LON: BWY) reported a positive shift in its financial position, swinging to a net cash position of \u00a342 million by the end of fiscal 2025, compared to a net debt of \u00a310.5 million a year earlier. This was driven by strong housing completions and revenue ahead of guidance.<\/p>\n\n\n\n Meanwhile, gaming company Entain (LON: ENT) raised its full-year profit forecast after posting a strong first-half profit, fueled by robust online growth and a 35% revenue surge at its U.S. joint venture, BetMGM.<\/p>\n","protected":false},"excerpt":{"rendered":" European stocks saw modest gains on Tuesday, bolstered by news of the U.S.-China tariff truce extension, while investors awaited the release of key U.S. inflation data. At 03:10 ET (07:10 GMT), the DAX index in Germany rose by 0.3%, the CAC 40 in France gained 0.5%, and the FTSE 100 in the U.K. climbed 0.4%. …<\/p>\n","protected":false},"author":9,"featured_media":90894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,39,36],"tags":[],"class_list":["post-117643","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=117643"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117643\/revisions"}],"predecessor-version":[{"id":117644,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117643\/revisions\/117644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/90894"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}