Major European stock markets traded in the green on Tuesday, partially recovering losses from yesterday's selloff, which was caused by concerns of global recession following the United States President Donald Trump's global reciprocal tariffs, which are set to take effect tomorrow. Investors also awaited Europe's upcoming response to the US trade duties, while anticipating France's report on its trade balance.

The DAX grew by 1.24% at 8:00 am CET, while the FTSE 100 climbed by 1.77%. At the same time, the CAC 40 advanced by 0.94%, and the Euro Stoxx 50 jumped by 2.07% at 8:01 am CET.

The euro gained 0.54% against the dollar at 7:58 am CET and sold for $1.09670. Meanwhile, the British pound was up 0.46% compared to the dollar at 7:59 am CET, selling for $1.27813.