European stocks were broadly higher on Tuesday, the dollar fell from a two-month high and Brent crude futures fell below $93 a barrel after Israel and Iran agreed to halt attacks against each other, boosting hopes that peace negotiations could move forward.
Investors also cheered data that showed China's exports and imports expanded rapidly in May.
Closer home, German industrial output increased 0.4 percent on a monthly basis, in contrast to the revised 0.1 percent fall in March, Destatis reported.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.