European markets head for positive open

European markets are heading for a positive open on Tuesday following broadly higher trade on Monday as stocks recovered from tough week last week which saw stocks fall across the board.

The U.S. Federal Reserve’s two-day monetary policy meeting, which begins Tuesday, is at the forefront of global investors’ minds. Markets expect a 75-basis-point rate hike as the central bank strives to get soaring prices under control.

It’s a quiet day for earnings and data releases in the region, although Kingfisher and TUI Group release their latest earnings and Germany publishes producer price data for August.

Written by Online Editor

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