FX.co ★ European Stocks Gain

On Tuesday, the STOXX 50 index increased by 0.5% while the STOXX 600 climbed by 0.4%, bouncing back from a lackluster previous session. Market participants focused on developments in U.S. trade policy as President Donald Trump indicated that not all proposed tariffs, scheduled for April 2, would be enforced and suggested that certain countries might be granted exemptions. Nonetheless, he also hinted at forthcoming tariffs specifically targeting the automobile and pharmaceutical sectors. Investors are also keenly awaiting the release of Germany's Ifo Business Climate indicator later today, which is expected to provide additional insights into the economic outlook. On the corporate side, banking and energy stocks drove the gains, with Shell shares rising approximately 2% following the company's announcement of increased returns to shareholders. Bayer's shares also saw an increase, advancing by more than 3%.