European Markets Rise on Eurozone Data; Trump’s Speech Looms

Eurozone markets saw a technical uptick this Tuesday, driven by encouraging economic indicators. The CAC 40 climbed by 1.15% to reach 7880.1 points, the DAX gained 1.67%, and the FTSE rose 0.61%. This positive movement is attributed to a slowdown in Eurozone inflation in March, which has fueled hopes for a more accommodative ECB policy. The EuroStoxx 50 index also saw gains of 1.49% as investors anticipate an easing monetary policy. However, this improvement remains fragile. Investors are holding their breath ahead of Donald Trump’s anticipated announcement, potentially reigniting the U.S. trade offensive with a 20% tariff increase on nearly all imported goods.