European Daily Market Review

European stocks advanced on Tuesday after reports emerged that Ukrainian President Volodymyr Zelensky was prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire, the withdrawal of Russian troops and a guarantee of Ukraine's security. Also, investors appeared. President Volodymyr Zelenskyy reported that ultimatums wont work as trapped Ukrainians will “fight till the end.”Russia has employed hypersonic weapons in its invasion of Ukraine, as announced by the US President Joe Biden.The German DAX added 0.60%, the French CAC-40 gained 3.65% and FTSE-100 inclined 0.24%.The pan-European Stoxx-600 secured 0.15% in early trade, with banks adding 1.2% to lead the rising path.European natural gas supplies are into a steady path as Russian supplies are still in line with demand. The Moscow Exchange will start trading in OFZ government bonds today after the its trading operations restarted.

Trading euro-based currency pairs requires following events that can have a major impact on the euro (also known as the “common currency”), which can be a daunting task for foreign exchange (FX) traders.