European stocks saw gains Tuesday, fueled by a trade agreement between the EU and India. The deal, encompassing a quarter of global GDP and a third of international trade, boosted investor confidence. Simultaneously, investors are awaiting more quarterly earnings reports and the Federal Reserve's rate decision, setting the stage for a busy week in the markets.

The EU-India trade agreement, finalized after negotiations launched in 2007, is a significant development. Trade between the two regions reached $136.5 billion in the fiscal year ending March 2025. This deal's announcement comes amid concerns about international trade disruptions, particularly due to rising tariffs from the US on South Korea.

Earnings season is gaining momentum, with attention mainly on Wall Street. Companies like Boeing, Meta Platforms, and Apple are releasing their quarterly results. Oil prices slightly decreased, influenced by U.S. winter conditions affecting supply. The Federal Reserve's two-day meeting also looms, with analysts expecting no change in monetary policy.

Investors will be closely watching the earnings reports for insights into company performance and future outlooks. The Fed's decision will provide clues about the central bank's perspective on inflation and economic growth. Market movements will depend on global trade dynamics and company performances, influencing investment decisions.