FX.co ★ European Markets Poised for Rebound

European equity markets were poised for a rebound on Tuesday, lifted by an improvement in global sentiment following signals from US President Donald Trump regarding a potential willingness to engage in trade negotiations with key partners. This development has sparked optimism for a reduction in global trade tensions. According to US Treasury Secretary Scott Bessent, almost 70 countries have reached out to the White House to discuss tariffs. However, uncertainties persist as Trump refuted claims of a possible delay in his reciprocal tariffs, asserting that the levies might be maintained indefinitely, despite his expressed willingness to negotiate. Highlighting the complexities of the trade environment, European Commission President Ursula von der Leyen announced on Monday that the EU had proposed a “zero-for-zero tariffs” agreement on industrial goods—a proposal that Trump quickly turned down. During premarket trading, indicators pointed to a robust opening, with Euro Stoxx 50 futures rising by 2.5% and Stoxx 600 futures advancing by 2.1%.