Global markets gain over China trade data, easing pandemic restrictions

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.

European stock markets opened stronger, with the pan-European STOXX 600 index rising 0.6 per cent to its highest since March 11.

Analysts said the threat of a much deeper and prolonged downturn was starting to dissipate as new coronavirus cases declined in major economies and a raft of monetary and fiscal stimulus