European equity markets moved higher on Tuesday after closing lower for three consecutive sessions, as investors had been unsettled by fears that escalating tensions in the Middle East could drive inflation higher and slow economic growth.
Market sentiment improved after U.S. President Donald Trump said the conflict in the Middle East could end quickly, triggering a drop in bond yields and a sharp decline in oil prices.
At the same time, Iran’s Revolutionary Guards issued a warning that they would not allow “one liter of oil” to leave the region if U.S. and Israeli military strikes continue.
Trump also warned in a social media post that, “If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far.”
Among major European indices, Germany’s DAX was up 1.8%, the U.K.’s FTSE 100 gained 1.3%, and France’s CAC 40 advanced 1.2%.
Shares of French carmaker Renault (EU:RNO) climbed sharply after the company announced plans to significantly expand its international presence by 2030.
German rival Volkswagen (TG:VOW3) also posted strong gains after stating it aims to achieve an operating margin of 8–10% by 2030.
Fashion group Hugo Boss (TG:BOSS) surged as well after reporting annual operating profit for 2025 that exceeded expectations.
Wind turbine maker Nordex Group (TG:NDX1) also rallied following the announcement of new orders from Wpd totaling nearly 280 megawatts.
Leave a Reply