Major stock exchanges in Europe traded with gains on Tuesday after European Central Bank President Christine Lagarde seemingly boosted the market mood by saying that "there is scope with negotiations with [United States President Donald] Trump" and insisting that the ECB doesn't see recession in the euro area.

The DAX rose 0.41% at the closing bell, as Sartorius surged 5.45%. Simultaneously, the Euro Stoxx 50 increased 0.53% and the CAC 40 added 0.57%. L'Oreal was the best performer on both indices, jumping 6.30% at the close. The FTSE 100 advanced by 0.64%, as Bunzl jumped 3.58%.

The euro traded 0.31% below the dollar at 5:34 pm CET, going for 1.14796. At the same time, the pound stood flat against the greenback, selling at 1.33769.