European equity markets were poised to open slightly lower on Tuesday, as investors continued to track escalating tensions between the US and Iran, now in their tenth consecutive day. Still, diplomatic efforts were underway, with mediators attempting to bring both parties back to the negotiating table amid reports of a potential 10-day ceasefire.
In Europe, attention will center on UK unemployment data and economic sentiment indicators from Germany and the wider Eurozone, while investors also look ahead to this week’s European Central Bank meeting, where interest rates are widely expected to be left unchanged. Corporate news flow will be light, with no major earnings releases scheduled in Europe on Tuesday.
In premarket trading, futures on the Euro Stoxx 50 and Stoxx 600 were down 0.1% and 0.2%, respectively.
