by Mara Vilcu

(Reuters) – The European scholarships ended up on Tuesday, after the new comments of Donald Trump suggesting a possible relaxation of customs duties in the automotive sector.

In Paris, the CAC 40 won 0.86% to 7,335.40 points. In Frankfurt, the Dax advanced 1.32% and London, the FTSE 100 took 1.41%.

The Eurostoxx 50 index won 1.15%, the FTSEUROFirst 300 1.58%and the STOXX 600 1.61%.

European action progressed on Tuesday, investors digesting the rapid development of information concerning American customs duties. Donald Trump said Monday considering changing the 25% customs duties imposed on foreign cars and car components imported in the United States.

“The tone is positive because the market digests the temporary exemption from customs duties on the automobile from which is discussed and still reacts to the reduction from the electronics sector, even if it is temporary,” said Georgios Leontaris, director of investments for Switzerland and the EMEA region at HSBC Global Private Banking and Wealth.

While European manufacturers were concerned about the short -term impact of American trade policy, these announcements have a necessary respite for the reorganization of logistics and manufacturing channels.

In addition, LVMH, the first capitalization of CAC 40, announced on Monday an organic decline of 3% of its sales in the first quarter, disappointing expectations and confirming the slowdown crossed by European luxury which constitutes one of the main sectors of activity in Europe.

“The markets are looking for any sign of positivity,” said Dan Boardman-Weston, Managing Director and Director of Investments at BRI Wealth Management. However, optimism has weakened in the face of information that customs duties on imports of pharmaceuticals and semiconductors could soon be announced.

Analysts remain cautious, because the uncertainty concerning the trade policies of Donald Trump and its constant round trips on customs duties have continued to darken global markets and economic prospects.

VALUES

The automotive sector has climbed, investors welcoming Donald Trump’s latest announcements, which suggest a softening of customs measures imposed on imports in the field.

The pan -European automotive sector index took 2.31%. Valeo won 6.87%, Forvia 5.75%, Stellantis 6.46%and Renault 1.85%. Among German manufacturers, BMW advanced 2.16% and Mercedes Benz by 1.79%.

LVMH sold 7.82% after having already lost 29.7% since its annual peak reached on January 27. Kering abandoned 5.22%.

A Wall Street

At the time of the closure in Europe, exchanges at the New York Stock Exchange indicated an increase of 0.18% for the Dow Jones, 0.29% for the Standard & Poor’s 500 and 0.26% for the Nasdaq Composite.

The indicators of the day

Salaries in the United Kingdom have progressed a little less quickly than expected in the three months preceding at the end of February, show the data published Tuesday by the British Statistics Office.

Industrial production in the euro zone has increased more than expected over one month in February, show data published Tuesday by Eurostat, the European Union Statistical Office.

In Germany, the ZEW survey has shown that investor morale has deteriorated more strongly than expected since the beginning of April.

Changes

The dollar stabilized on Tuesday, dating back three years in front of the euro, carried by improving the feeling of risk.

The dollar earns 0.36% against a basket of reference currencies.

The euro lost 0.41% to $ 1.1302.

RATE

American returns vary shortly before the data on consumer activity and a speech by the director of the Federal Reserve, expected this week.

The yield of Treasuries at ten years lost 2.1 base points at 4.3427%. The two years earns 0.3 base points at 3.8345%.

Bond returns in the euro zone progressed on Tuesday after falling earlier in the session, investors having trouble assessing the prospects for customs duties, after US President Donald Trump suggested that he could grant new sectoral exemptions.

The yield of the German Bund at ten years takes 2.4 base points at 2,5,460%. The two years earns 0.2 base point at 1,7,800%.

OIL

Oil prices have changed little on Tuesday, investors digest the latest ads on customs duties are trying to determine to what extent the trade war between the United States and China could reduce global economic growth and oil demand.

The Brent fell 0.91% to 64.29 dollars per barrel and the American light crude (West Texas Intermediate, WTI) lost 0.93% to 60.96 dollars.

To be continued on April 16:

(Some data may accuse a slight offset)

(Written by Mara Vîlcu, edited by Kate Entringer)

Copyright © 2025 Thomson Reuters