FX.co ★ European Markets Head for Higher Open

European equity markets were poised to open higher on Tuesday, continuing their progress towards record highs. Positive investor sentiment was driven by appealing valuations and optimism surrounding earnings and regional economic growth. Market participants overlooked escalating geopolitical risks and concerns regarding the US Federal Reserve's autonomy, shifting their attention instead to favorable local market indicators. Additionally, investors will consider the latest data on France's budget balance as well as Turkey's current account and retail sales figures. No major corporate earnings are anticipated. In pre-market trading, futures for the Euro Stoxx 50 and Stoxx 600 increased by 0.3% and 0.2%, respectively.