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European equity markets advance Tuesday

European equity markets notched modest gains Tuesday, as market participants digest the recent G7 statement and eye the vaunted ECB President Draghi Speech at 15:30 GMT later today.

Beginning with the indices and composites, the FTSE 100 climbed +0.32% as it settled in region of 6297.16, up +20.10 points. In addition, the DAX ended in positive territory, operating at 7652.70, ascending +18.96 points or +0.25% in these moments. Finally, the CAC 40 notched an advance of +0.50% today, settling at 3668.79 after gaining +18.21 points.

In other news, the price of crude has settled above USD $97.29 Tuesday, while gold has stabilized at USD $1647.14.

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The Swiss franc is trimming earlier gains vs. the single currency on Tuesday, pushing the pair from the boundaries of 1.2280 to the current levels around 1.2330, challenging overnight tops above 1.2340...
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Forex: GBP/USD regains the 1.5600 level

The GBP/USD has recovered during the late morning of European trading, having risen off of its session lows at 1.5572. The earlier publication of data in the UK has apparently steadied the nerves of GBP proponents, as the cross has pared some of its losses to trade presently at 1.5613/15, still down -0.28% Tuesday.
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