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7/2, 9:15 AM (Source: TeleTrader)
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Europe mostly flat in early trade

European markets were mostly muted early in the session on Tuesday as trade woes subsided somewhat following the G20 summit in Osaka, where China and the United States reached a truce in their lengthy trade dispute. US President Donald Trump said earlier that talks between the two countries were back underway, however, he insisted that a future trade deal with Beijing would have to be "somewhat tilted" in Washington's favor.

In economic news, Destatis reported a drop in retail sales in Germany for the month of May, while Nationwide said British house price growth remained weak in June.

The DAX and the CAC 40 were flat at 9:15 am CET. Meanwhile, the FTSE 100 was up 0.26% as St. James's Place, Rio Tinto and Rolls Royce all traded over 1% in the green.

Breaking the News / JC