Europe seen higher on oil recovery

10/18, 8:36 AM (Source:

Stock index futures on major European indexes pointed to a higher open on Tuesday, as market sentiment benefits from a rebound in oil prices and the United States dollar weakens. Investors are looking ahead to inflation data from the United Kingdom, scheduled for release at 10:30 a.m. CET.

In London, the FTSE 100 was seen adding 0.42% on opening bell at 8:12 a.m. CET, while the pan-European Stoxx 50 was expected to start the day almost flat. Futures on the German DAX suggest the index will begin trading only slightly above the flatline, whereas the CAC 40 is poised to open 0.22% in the green in Paris (both at 8:17 a.m. CET).

Teletrader Newsroom / IB