(Reuters) – The main European scholarships retreat on Tuesday at the start of the session in a context of risk aversion, while attacks between Israel and Iran are intensifying without a sign of appeasement.

In Paris, the CAC 40 lost 0.86% to 7,675.43 points around 07:15 GMT. In Frankfurt, the Dax fell by 1.25% and in London, the FTSE 100 yields 0.57%.

The Eurostoxx 50 index is down 1.03%, the FTSEURofirst 300 lost 0.88%and the STOXX 600 of 0.87%.

Iraël and Iran attacked on Tuesday and American president Donald Trump, who left the G7 summit earlier than expected, urged the Iranians to evacuate Tehran, aroused the growing concern of the international community.

French President Emmanuel Macron said a few hours ago that his American counterpart Donald Trump had made a ceasefire offer in Israel and Iran, the tenant of the White House said that his G7 departure to go to Washington had “nothing to do” with a cease-fire in the region.

“One can still wonder if Israel would be receptive to a ceasefire, since it seeks to destroy the Iranian nuclear program,” said Deutsche Bank analysts.

At the values, ASOS advances by 2.5% after announcing the appointment of Aaron Izzard to the post of financial director.

The actions of European groups specializing in renewable energies are receding after the US Senate finance committee unveiled changes to the bill of President Donald Trump on tax reductions and expenses, which would gradually suppress tax credits for solar, wind and energy energy by 2028.

The German supplier of parts for solar energy SMA Solar loses 4% and the Danish developer of offshore wind turbines Orsted fell by 2.8%.

The German manufacturer of Nordex wind turbines and its Danish rival Vestas are both decreasing by about 2%.

(Written by Diana Mandiá, edited by Blandine Hénault)

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