Benchmarks rose across Europe on Tuesday as risky stocks powered a recovery off from Monday's lows, although the banking sector lagged the wider market once again.

Commodities as well as some airlines and consumer-facing companies were all among the big gainers for the session, while financial titans such as Barclays (BCS) - Get Barclays PLC Sponsored ADR Report , RBS (BCS) - Get Barclays PLC Sponsored ADR Report , Deutsche Bank (DB) - Get Deutsche Bank AG Report , Commerzbank (CRZBY) and Societe Generale (SCGLY) were all big fallers.

The day's price action marks a continuation of a week long period of under performance for bank stocks.

This could suggest that the sector is either on the verge of a de-rating, or that it is merely just re-establishing its age-old trend of under-performance relative to the wider market, following several months of stand-out gains.

European banks are down more than 2% collectively since last Wednesday while European stocks more broadly, have risen by nearly 1%, as defined by the Stoxx Europe indices for both the sector and equity markets as a whole.

The FTSE 100 rose by 0.54% in London to 7,321 while the FTSE 250 gained 0.35% to 19,020.

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In continental Europe, Germany's DAX index added 0.21% to settle at 12,282 while the CAC 40 in Paris, rose 0.30% to close at 5,101.

In Southern Europe, Madrid's IBEX 35 and Milan's FTSE MIB indices both closed the session higher.

Another theme lurking at the back of collective mind of the market was the potential for a deeper feeling of international acrimony to become established between China and the U.S.

This is due to an eagerly awaited meeting between President Donald Trump and President Xi Jinping of China later in the week. Trump has previously suggested that it will be a difficult meeting.

In individual stocks, big gainers in London were precious metals mining company Fresnillo (FNLPF) , Rio Tinto (RIO) - Get Rio Tinto plc Sponsored ADR Report , Anglo American (NGLOY) and Randgold (GOLD) - Get Barrick Gold Corporation Report . Biopharma Shire (SHP) and retail broker Hargreaves Lansdown (HRGLF) were also top risers.

In Frankfurt, the top gainers for the session were chemicals firm Henkel (HENOY) , housing provider Vonovia (DAIMF) and exchange operator Deutsche Boerse (DBOEY) . Addidas (ADDYY) was the top riser out of DAX listed retailers. 

The CAC 40 in Paris saw commodity companies claim the top three places on the index for the session, with Total (TOT) - Get Total SA Sponsored ADR Class B Report , Technip (TKPPY) and ArcelorMittal (MT) - Get ArcelorMittal SA ADR Report all up notably. Danone (DANOY) and LVMH (LVMUY) were the top gainers in France out of the consumer segment.