The lights of the Frankfurt am Main bank building glow in the late afternoon light.
Boris Roessler | Image Alliance | Getty Images
LONDON — European markets are set to open higher on Tuesday as investors weigh geopolitical risks and British markets are set to reopen after being closed on Monday for a national bank holiday.
United Kingdom FTSE 100 on track to open about 44 points higher at 8,364, Germany DAX set to rise 23 points to 18,646 and France CAC40 set to gain 7 points to 7,601. FTSE MIB is expected to rise 22 points to 33,734.
European markets had a mixed session on Monday.
Investor continue to consider geopolitical risks after Israel and Hezbollah exchanged airstrikes over the weekend, raising fears of a wider conflict in the Middle East.
The uncertainty pushed oil prices higher on Monday. Prices were little changed on Tuesday, with Brent crude futures up 0.11% to $81.52 a barrel and U.S. West Texas Intermediate crude down 0.03% to $77.40 a barrel at 7:24 a.m. London time.
On the European data front, Germany will release final Q2 gross domestic product figures and Hungary’s central bank will announce its latest interest rate decision.
Elsewhere, Asia-Pacific Market Stocks fell broadly on Tuesday as investors weighed industrial profit data from China and broadly watched key Wall Street indexes fall.
The S&P 500 And Nasdaq Composite fell on Monday in the United States as technology stocks slid, while Dow Jones Industrial Average hit a new record high. The Future of America Last mixed on Tuesday morning.
