In European Equity Markets the pan-European STOXX 600 closed up 0.27 percent, with most sectors ending the day in the black. Oil and gas stocks were some of Europe’s top performers, finishing up 0.94 percent as a sector amid earnings news. Britain’s Aggreko jumped over 4.5 percent after HSBC upwardly revised its stock recommendation to a “buy” from a “hold.” Meantime, Metro Bank was one of the STOXX 600’s biggest losers, falling over 3 percent, after Panmure Gordon cut its target price on the lender.

In Currency Markets the British pound rose towards a two-week high on Tuesday after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising interest rates. Sterling has recovered in recent sessions from a 14-month low, rising two cents from $1.2662 plumbed last week, helped by dollar weakness and some investors sensing a buying opportunity after the pound’s recent slide. Pushed higher by investors selling the U.S. dollar on Tuesday, the pound rose to as high as $1.2871, up half a percent on the day,

In Commodities Markets oil rose to its highest in a week on Tuesday, buoyed by the prospect of price support from U.S. sanctions on Iran, although the trade dispute between Washington and Beijing kept traders and analysts cautious. Brent crude futures were last up 68 cents on the day at $72.89 a barrel, the highest level since Aug. 14, while the most active October U.S. crude futures contract rose 98 cents from its last close to $66.40 a barrel. The September contract expires later on Tuesday.

In US Equity Markets the benchmark S&P 500 edged closer to a record high on Tuesday, matching its longest-ever bull-market run, as U.S. stocks rose after some encouraging earnings reports and on hopes that the United States and China could resolve their tariff dispute. The S&P 500 was up 0.34 percent, at 2,866.74 and the Nasdaq Compositewas up 0.64 percent, at 7,870.83. The small-cap Russell 2000 index jumped 0.95 percent to a record high. Medtronic rose 4.45 percent, the most on the S&P, after the medical device maker’s profit beat estimates.

In Bond Markets U.S. Treasury yields rose on Tuesday on improving risk appetite and as investors waited on the minutes from the Federal Reserve’s August meeting on Wednesday and a speech by Fed Chairman Jerome Powell on Friday. Benchmark 10-year notes fell 5/32 in price to yield 2.841 percent, up from a low of 2.815 percent on Monday, the from the lowest since July 6. Powell is due to speak on Friday at the Kansas City Fed’s economic symposium in Jackson Hole, Wyoming.