European Stocks Set for Higher Open
European equity markets were headed for a higher open on Tuesday as global risk sentiment improved despite concerns about elevated bond yields, with technology and artificial intelligence stocks leading the gains. Investors also kept a close watch on the euro and regional bond markets as worries over high debt levels and political uncertainty in France persisted, while Spain’s upcoming snap election added to the region’s challenges. On the data front, markets will focus on German factory orders, French industrial production and Eurozone retail sales, alongside construction activity reports from across Europe. The regional calendar is otherwise quiet, with no major corporate earnings or announcements scheduled for Tuesday. In premarket trading, futures for the Euro Stoxx 50 and Stoxx 600 were both up around 0.4%.
European equity markets were headed for a higher open on Tuesday as global risk sentiment improved despite concerns about elevated bond yields, with technology and artificial intelligence stocks leading the gains. Investors also kept a close watch on the euro and regional bond markets as worries over high debt levels and political uncertainty in France persisted, while Spain’s upcoming snap election added to the region’s challenges. On the data front, markets will focus on German factory orders, French industrial production and Eurozone retail sales, alongside construction activity reports from across Europe.
The regional calendar is otherwise quiet, with no major corporate earnings or announcements scheduled for Tuesday. 4%.