European markets set to open higher, building on positive momentum

LONDON — European stocks are acceptable to unfastened higher connected Tuesday, continuing affirmative momentum built astatine the commencement of the week connected the backmost of the region's defence stocks.

The U.K.'s FTSE scale is seen opening 0.31% higher, Germany's DAX up 0.22%, France's CAC 40 up 0.2% and Italy's FTSE MIB 0.33% higher, according to information from IG.

European defence stocks were among the beardown movers connected Monday, with Thyssenkrupp gaining astir 7.9% by the extremity of the league pursuing the spinout and IPO of its German warship shaper TKMS.

Hensoldt topped the STOXX 600 index, having added astir 8%, Renk gained astir 6.7%, and Rheinmetall closed 5.9% higher aft U.S. President Donald Trump had another tense gathering with Volodymyr Zelenskyy over the play regarding Ukrainian territory.

Third-quarter net play is kicking into cogwheel this week with L'Oreal and Assa Abloy owed to study Tuesday. There are nary large information releases Tuesday.

Looking astatine planetary markets, U.S. banal futures were somewhat higher overnight aft Monday's wide rally. Investors await a engaged net week that could pass the trajectory of the markets, with Netflix and Coca-Cola set to study connected Tuesday.

Elsewhere, Asia-Pacific markets traded higher overnight, with South Korea's Kospi scale jumping much than 2% to deed a sixth consecutive grounds high, gathering connected a rally spurred by optimism astir an impending commercialized woody with the U.S.

South Korean stocks person been connected a rotation since U.S. Treasury Secretary Scott Bessent told CNBC successful an exclusive interrogation Wednesday stateside that Washington was "about to decorativeness up" commercialized negotiations with the Asian country.

— CNBC's Nur Hikmah Md Ali, Hugh Leask and Pia Singh contributed to this marketplace report.