The CAC 40 rose 0.3% to close at 7,764 on Tuesday, snapping a five-session losing streak as the latest eurozone inflation data led to expectations for a 25bps rate reduction by the European Central Bank. May’s consumer prices increased by 1.9%, below the anticipated 2.0%. Yet the ECB’s ambiguous monetary stance, coupled with ongoing legal uncertainty over the US’s tariffs and the EU’s retaliatory measures, continues to cast a long shadow over business confidence and inflation projections. Still, sentiment remained cautiously optimistic, supported by speculation that Trump and Xi Jinping could hold a trade conference call this week, especially after talks between the US and China, the world’s two largest economies, soured last week. Among individual movers, STMicro (3.39%), Stellantis NV (2.49%) and Airbus Group (2.37%) posted the biggest gains, while Teleperformance (-3.25%), Michelin (-1.85%) and Eurofins Scientific SE (-1.70%) recorded the largest losses.