The London skyline is seen from the Shard, the tallest building in the European Union, as the sun sets on March 28, 2017 in London, England.
Jack Taylor | Getty Images
LONDON – European stocks are poised to open higher on Tuesday, continuing the positive momentum built behind the region’s defense stocks earlier in the week.
of the UK FTSE Germany’s index is seen opening up 0.31% DAX France’s, up 0.22% CAC 40 0.2% and of Italy FTSE MIB 0.33% higher, according to IG’s data.
European defense stocks were among the strongest movers on Monday, with Thyssenkrupp It rose almost 7.9% by the end of the following session Spinouts and IPOs of its German warship manufacturer TKMS.
Third quarter earnings season begins this week L’Oreal And Assa Abloy Due to Tuesday’s report. No major data releases on Tuesday.
Looking at global markets, US stock futures were slightly higher overnight after Monday’s broad rally. Investors are looking forward to a busy earnings week that could inform the market’s trajectory Netflix And Coca-Cola Set to report on Tuesday.
elsewhere, Asia-Pacific market Trading higher overnight, South Korea’s Kospi index jumped more than 2% to a sixth straight record high, on a rally fueled by optimism around an impending trade deal with the U.S.
South Korean stocks have been on a roll since US Treasury Secretary Scott Besant said CNBC said in an exclusive interview on Wednesday that Washington is “preparing to conclude” trade negotiations with the Asian nation.
– CNBC’s Noor Hikmah Md. Ali, Hugh Leask and Pia Singh contributed to this market report.
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