FX.co ★ European Stocks Rebound

European stocks managed to rebound on Tuesday following a subdued start, with the STOXX 50 climbing 0.6% and the STOXX 600 increasing by 0.2%. Despite this uptick, a cautious sentiment is expected to linger after Monday's risk-averse shift. The recovery in the Japanese bond market contributed to alleviating some of the pressures from the previous day. In economic news, initial Eurozone inflation figures revealed an unexpected rise in headline inflation to 2.2% from 2.1%, while core inflation remained steady at 2.4%. This data supports the European Central Bank's decision to maintain its current interest rate policy. Bayer's shares soared over 12% after the Trump administration encouraged the U.S. Supreme Court to consider the company's appeal to limit numerous lawsuits claiming its Roundup weedkiller is carcinogenic. Meanwhile, LVMH reduced its earlier losses to close just 0.1% down. Conversely, SAP dropped by 0.8%, and Airbus continued its decline, falling by 0.3%, as it proceeds with inspections of hundreds of A320 aircraft.