European markets rallied on Tuesday, with shares climbing more than 1% after U.S. President Donald Trump announced a ceasefire between Israel and Iran, easing geopolitical tensions and lifting investor confidence.
The pan-European STOXX 600 index rose 1.4% to 542.6 points as of 0708 GMT, buoyed by improved risk sentiment across global markets. Germany’s DAX led the gains among major regional indexes, jumping nearly 2%.
Investor optimism grew after Trump confirmed late on Monday that Iran and Israel had agreed to a ceasefire, which came into effect hours later. Israeli Prime Minister Benjamin Netanyahu also confirmed Israel’s agreement to the U.S.-brokered truce.
The news sent oil prices tumbling to two-week lows amid easing supply concerns, while gold prices dipped to their lowest levels in nearly a fortnight due to risk-on appetite.
Sector performance reflected the shifting sentiment: the oil and gas sector fell 3.5%, while travel and leisure stocks surged 4.3%.
Shares in British pharmaceutical giant AstraZeneca rose 1.3% after it and its Japanese partner Daiichi Sankyo secured U.S. regulatory approval for their targeted lung cancer drug, Datroway.
U.S. President Donald Trump on Tuesday said he will probably meet Ukrainian President Volodymyr Zelenskyy during this week’s NATO summit, offering Kyiv an opportunity to push for U.S. Patriot missiles and stronger sanctions on Russia.
Kazakhstan is in discussions with Russia to relocate the production of the Soyuz-5 (Irtysh) launch vehicle from Russia to the Baikonur Cosmodrome, according to Prime Minister Olzhas Bektenov.
Turkish President Tayyip Erdoğan on Tuesday called for an unconditional end to defence trade restrictions among NATO allies and expressed Türkiye’s interest in hosting the alliance’s 2026 summit.
Over 110 million people across Europe — or more than 20% of the population — are exposed to dangerous levels of transport noise that threaten human health, the environment, and economic stability, according to a new European Environment Agency (EEA) report released today.
Qatar’s prime minister said on Tuesday that relations with Iran had been damaged by Tehran’s recent missile attack on a U.S. airbase in Qatar, but expressed hope that ties could eventually return to normal.
U.S. President Donald Trump on Tuesday said he will probably meet Ukrainian President Volodymyr Zelenskyy during this week’s NATO summit, offering Kyiv an opportunity to push for U.S. Patriot missiles and stronger sanctions on Russia.
Kazakhstan is in discussions with Russia to relocate the production of the Soyuz-5 (Irtysh) launch vehicle from Russia to the Baikonur Cosmodrome, according to Prime Minister Olzhas Bektenov.
Turkish President Tayyip Erdoğan on Tuesday called for an unconditional end to defence trade restrictions among NATO allies and expressed Türkiye’s interest in hosting the alliance’s 2026 summit.
Prime Minister Irakli Kobakhidze has announced reshuffles in Georgia’s economic leadership, unveiling new appointments.
Over 110 million people across Europe — or more than 20% of the population — are exposed to dangerous levels of transport noise that threaten human health, the environment, and economic stability, according to a new European Environment Agency (EEA) report released today.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
Kazakhstan’s Energy Ministry, national oil and gas company KazMunayGas (KMG), and CNOOC Hong Kong Holding Limited—a subsidiary of China National Offshore Oil Corporation (CNOOC Limited)—have signed a contract for hydrocarbon exploration and production under the Zhylyoi project.
Oil prices fell sharply for a second day after Israel confirmed a U.S.-brokered ceasefire with Iran, easing fears that the conflict would disrupt global energy supplies.
U.S. President Donald Trump called for a major interest rate cut before Federal Reserve Chair Jerome Powell’s testimony to Congress.
Goldman Sachs economists have warned that any significant disruption to oil shipments through the Strait of Hormuz could push Brent crude prices over $100 per barrel, potentially causing a sharp rise in transport costs, inflation, and slowing global growth.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
U.S. President Donald Trump on Tuesday said he will probably meet Ukrainian President Volodymyr Zelenskyy during this week’s NATO summit, offering Kyiv an opportunity to push for U.S. Patriot missiles and stronger sanctions on Russia.
Kazakhstan is in discussions with Russia to relocate the production of the Soyuz-5 (Irtysh) launch vehicle from Russia to the Baikonur Cosmodrome, according to Prime Minister Olzhas Bektenov.
Turkish President Tayyip Erdoğan on Tuesday called for an unconditional end to defence trade restrictions among NATO allies and expressed Türkiye’s interest in hosting the alliance’s 2026 summit.
Prime Minister Irakli Kobakhidze has announced reshuffles in Georgia’s economic leadership, unveiling new appointments.
Over 110 million people across Europe — or more than 20% of the population — are exposed to dangerous levels of transport noise that threaten human health, the environment, and economic stability, according to a new European Environment Agency (EEA) report released today.
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