European equity markets were broadly muted on Tuesday, with traders maintaining a cautious stance ahead of several key central bank meetings this week and a closely watched encounter between U.S. President Donald Trump and Chinese President Xi Jinping, scheduled for Thursday in South Korea.
Sentiment was further weighed down by disappointing German data. A key consumer confidence gauge slipped to its lowest level since April, reflecting persistent geopolitical uncertainty and inflationary pressures.
The FTSE 100 in the U.K. rose 0.2%, while the DAX in Germany hovered just below the flat line, and the CAC 40 in France edged down 0.1%.
Corporate earnings drove much of the individual stock moves. Shares of Symrise AG (TG:SY1) fell sharply after the fragrance and flavor producer cut its full-year organic growth outlook. French bank BNP Paribas (EU:BNP) declined after missing third-quarter profit expectations.
Pharmaceutical group Novartis AG (NYSE:NVS) also traded lower despite delivering Q3 earnings in line with forecasts, while Dutch telecom operator KPN (EU:KPN) slipped following a modest 2% increase in quarterly revenue.
On the upside, HSBC Holdings (LSE:HSBA) climbed after the lender raised its 2025 profit outlook, even as pretax profit dropped 14% in Q3. Capgemini (EU:CAP) jumped after lifting its full-year revenue guidance on stronger third-quarter sales.
Meanwhile, Amundi (EU:AMUN), Europe’s largest asset manager, gained after reporting Q3 2025 profit before tax above analyst forecasts.
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