European stocks edged higher Tuesday, boosted by a firm close on Wall Street overnight as the selloff of precious metals proved to be relatively short-lived.
At 03:05 ET (08:05 GMT), the DAX index in Germany climbed 0.8%, the CAC 40 in France gained 0.4% and the FTSE 100 in the U.K. rose 0.1%.
Subscribe to InvestingPro for more detailed stock market analysis Calmer metals markets boost sentiment Global markets, and European equities appear to be no exception, have calmed after a few days of volatility, highlighted by plunges in the prices of gold and silver, in particular, late last week and over the weekend.
Precious metals prices rebounded on Monday, however, boosting confidence, and helping the blue chip Dow Jones Industrial Average record gains of over 500 points, or 1%, on Wall Street.
Global sentiment also received a boost as U.S. President Donald Trump late Monday announced a trade deal with India, reducing tariffs on Indian goods to 18% from 50%.
The announcement followed months of negotiations during which punitive tariffs had risen as high as 50%, and was widely seen as a step toward normalising trade ties.
Publicis in spotlight Back in Europe, attention is back on the quarterly earnings season, with a hefty number of senior European companies set to report results this week.
Publicis Groupe is in the spotlight Tuesday as a string of impressive client wins lifted underlying revenue ahead of expectations at the French advertising giant in the fourth quarter.
The group generated €2.03 billion in free cash flow before working capital changes in 2025, up 10.6% from the prior year, and proposed a dividend of €3.75 per share, up 4.2% and fully paid in cash.
French asset manager Amundi reported a 6% rise in 2025 adjusted pretax income to €1.86 billion, driven by record net inflows of €88 billion as the company launched its new plan targeting growth through 2028.
Akzo Nobel reported a healthy boost to fourth-quarter margins from a year earlier, as the Dutch paints maker navigates weak demand and pursues a merger with U.S. rival Axalta Coating Systems.
There are also earnings on Wall Street to digest Tuesday, from the likes of PayPal (NASDAQ:PYPL), Pfizer (NYSE:PFE) and Marathon Petroleum (NYSE:MPC), ahead of numbers from Advanced Micro Devices (NASDAQ:AMD) after the close, with sentiment toward AI-linked shares fragile following poorly-received results from Microsoft (NASDAQ:MSFT) last week.
French consumer prices fall Data released earlier in the session showed that inflation remained contained in France, the eurozone’s second-largest economy.
French consumer prices fell 0.3% on the month in January, an annual gain of just 0.3%, below the expected 0.6%.
The European Central Bank holds a policy-setting meeting later this week, and is widely expected to keep rates steady at 2% for the fifth straight meeting.
ECB chief Christine Lagarde could face questions about the potential impact of a stronger currency on inflation, as the euro briefly topped $1.20 last week, reaching its highest level since 2021.
It has since eased but is still up more than 2% over the last two weeks.
Crude continues to ease Oil prices slipped lower Tuesday, easing for a second day, as a de-escalation in U.S.-Iran tensions removed some of the risk premium attached to the crude market.
Brent futures dropped 0.4% to $65.96 a barrel and U.S. West Texas Intermediate crude futures fell 0.4% to $61.90 a barrel.
The benchmarks fell more than 4% during the previous session after President Trump said Iran was "seriously talking" with Washington, signaling a de-escalation of tensions with the OPEC member.
Iran and the U.S. are expected to resume nuclear talks on Friday in Turkey, Reuters reported on Monday.
Also weighing on prices, the U.S. dollar index hovered near its highest in more than a week, hitting demand for dollar-denominated crude from foreign buyers.
