FX.co ★ European Markets Set to Open Higher

European equity markets geared up for a positive start on Tuesday, with investor attention focused on an upcoming series of corporate earnings announcements. Notable companies set to reveal their financial results include BP, Banco BPM, Diageo, DHL, and Infineon. Additionally, traders are expected to closely analyze French industrial production figures for further insights into the region's economic trajectory. Geopolitically, U.S. President Donald Trump voiced the possibility of substantially increasing tariffs on India, citing its ongoing purchase of Russian oil. Simultaneously, the European Union declared a six-month suspension of planned retaliatory tariffs against the United States, seeking additional time for diplomatic negotiations. In premarket activity, futures for the Euro Stoxx 50 and Stoxx 600 indices were both trading approximately 0.2% higher.