European markets began the week with renewed poise as investors weighed a softer message from Washington against lingering trade uncertainty. After days of turbulence sparked by tariff threats, sentiment steadied when US President Donald Trump signalled a willingness to ease tensions with China, saying the United States “wants to help China, not hurt it.”
By late morning, the Stoxx Europe 600 was up 0.4 per cent, supported by a broad rebound across industrials and miners. Germany’s DAX and France’s CAC 40 gained around 0.5 per cent each, while London’s FTSE 100 held near flat as stronger materials shares offset weakness elsewhere. The Stoxx 600 Basic Materials Index rose over two per cent, reversing Friday’s losses, with Fresnillo climbing more than seven per cent, Anglo American up three per cent and Aurubis gaining nearly three per cent.
The strength in mining underlined how closely Europe’s market mood remains tied to US-China trade signals. Trump’s earlier call for steep tariffs on Chinese imports had unsettled global equities on Friday, but his more conciliatory tone helped investors look past short-term disruption.
JPMorgan European Discovery Trust plc is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
