Europe's main stock markets were up on Tuesday morning, as the rebound begun the previous day on the back of announcements from China continued, in the hope of the publication of indicators in the United States showing the effectiveness of the Fed's monetary policy.

In Paris, the CAC 40 gained 0.21% to 7,339.81 points around 07:50 GMT. In London, the FTSE 100, closed since Friday, jumped 1.73% for its start of the week. In Frankfurt, the Dax gained 0.34%.

The EuroStoxx 50 index gained 0.20%, the FTSEurofirst 300 0.85% and the Stoxx 600 0.56%.

Wall Street futures forecast a rise of 0.16% for the Dow Jones, 0.14% for the Standard & Poor's 500 and 0.18% for the Nasdaq, following a session in the green, driven in particular by 3M

(+5.2%) and Goldman Sachs (+1.8%).

Financial markets have become moderately optimistic since China announced a halving of stamp duty on local stock market transactions, reviving hopes of broader measures to support its economy.

At the same time, investors are expecting the official monthly US employment report to be released at the end of the week to confirm a slowdown in wage pressures and job creation, signs of the effectiveness of the restrictive policy initiated by the US Federal Reserve in March 2022.

The "Jolts" (Job Openings and Labor Turnover Survey) on job vacancies in the United States, scheduled for publication this Tuesday at 14:00 GMT, will provide a first test of this optimism, before the publication on Thursday of the US Personal Consumption Expenditure (PCE) price index.

In Europe, investors will also take note of monthly inflation figures this week, with those for Germany due on Wednesday. A deceleration in eurozone prices is also expected, according to the Reuters consensus.

On the stock market, the positive trend in Europe is being driven by real estate (+1.72%) and basic resources (+1.59%). This segment is benefiting from the rise in copper prices on the prospect of sustained demand in China and a slight fall in the dollar.

On the Paris CAC 40, Unibail-Rodamco-Westfield (1.35%) was the best performer on the index, while Carrefour (-2.6%) posted the biggest drop.

In corporate news, NN Group jumped 10.65%, the Dutch insurer having reported on Tuesday an improvement in its solvency ratio in the first half of the year.

Telecom Italia gained 1.34% as Rome approved two decrees on Monday allowing the Ministry of the Economy to take a stake of up to 20% in the Italian telecom operator's fixed-line network. (Written by Claude Chendjou, edited by Kate Entringer)