urope's stock markets rallied on Tuesday morning on two separate factors, neither of which was particularly convincing.Navarro Spooks Markets Over US-China Trade Deal.President Trump has said that the US-China trade deal remains intact and hopes that China will live up to its terms.Blackrock: Success in restricting the spread of COVID-19 and signs that shopping and travel activity was rebounding meant: "we could see the pace of recovery in the second half outpacing other regions, including the United States".GBP/USD seen within 1.2370/1.2610 – UOB; EUR/USD seen at 1.15 on a one-month view – Danske Bank; Dollar up.