The City of London skyline at sunset.
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LONDON — European stocks are expected to open lower on Tuesday as investors keep an eye on earnings.
The U.K.’s FTSE index is seen opening 0.2% lower, and Germany’s DAX, France’s CAC 40 and Italy’s FTSE MIB are all seen down 0.4%, according to data from IG.
Regional markets edged higher on Monday, as investors digested comments from this year’s Munich Security Conference.
Earnings remain in focus for investors, with miners Antofagasta and BHP Group due to report Tuesday, as well as InterContinental Hotels Group and EssilorLuxottica. Data releases include German inflation and economic sentiment and U.K. unemployment figures.
Overnight, S&P 500 futures were near flat following two straight negative weeks for the benchmark; U.S markets were shut on Monday for Presidents’ Day.
Asian financial markets were treading carefully on Tuesday in holiday-thinned trading, with mainland Chinese, Hong Kong, Singapore, Taiwan and South Korea markets closed on Tuesday for Lunar New Year holidays.
www.cnbc.com
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