FX.co ★ European Stocks Set for Higher Open

European equity markets were set to open higher on Tuesday, as global risk appetite improved despite ongoing concerns about elevated bond yields, with technology and artificial intelligence stocks spearheading the advance. Investors continued to monitor the euro and regional bond markets closely amid persistent worries over high debt levels and political uncertainty in France, while Spain’s upcoming snap election added to the region’s headwinds. On the data front, attention will center on German factory orders, French industrial production and Eurozone retail sales, complemented by construction activity reports from across the continent. Otherwise, the regional calendar remains relatively light, with no major corporate earnings releases or significant announcements slated for Tuesday. In premarket trading, futures for both the Euro Stoxx 50 and the Stoxx 600 were up about 0.4%.