LONDON — European stocks are expected to unfastened broadly higher connected Tuesday arsenic planetary markets reacted positively to the result of talks betwixt U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskyy and European leaders astatine the White House connected Monday.
The U.K.'s FTSE scale is seen opening 0.18% higher, Germany's DAX 0.14% higher, France's CAC 40 up 0.16% and Italy's FTSE MIB flat.
At the intimately watched talks connected Monday, Trump said bid negotiations tin instrumentality spot portion some countries are inactive fighting, dropping his earlier calls for a ceasefire. He besides said information guarantees for Ukraine would beryllium "provided" by European countries with "coordination with the U.S."
Zelenskyy said a bundle of coveted information guarantees for Ukraine — expected to see a monolithic acquisition of American weapons — would beryllium "formalized connected insubstantial wrong the adjacent week to 10 days."
The U.S. president besides said a gathering betwixt Russian President Vladimir Putin and Zelenskyy is being planned, to beryllium followed by a trilateral gathering which volition see Trump.
Asia-Pacific markets traded mixed overnight pursuing declines connected Wall Street, portion U.S. banal futures ticked down aboriginal Tuesday up of cardinal speeches from Fed officials this week.
Central slope officials from astir the globe volition convene successful Jackson Hole, Wyoming, for the Fed's yearly economical symposium which begins Thursday. Investors are awaiting clues from Fed Chair Jerome Powell as to what volition hap astatine the cardinal bank's remaining argumentation meetings this year.
The Fed funds futures marketplace is indicating an 83% accidental for a quarter-point complaint chopped astatine the Fed's adjacent argumentation gathering successful September, according to CME's FedWatch tool.
There are nary large net oregon information releases successful Europe connected Tuesday.