European equities are expected to open lower Tuesday as investor sentiment is shaken by a renewed decline in oil prices on the back of weak China data.
Chinese President Xi Jinping begins a four-day state visit to the U.K. on Tuesday. European bank stocks will be in focus for investors too on Tuesday. France's Credit Agricole has agreed to pay U.S. authorities $787 million to resolve accusations it illegally moved money through the U.S. financial system in violation of sanctions against Iran, Sudan, and other countries.
Earnings come from SAP, Swedbank, TeliaSonera, Actelion, ASOS and Whitbread.
The economic calendar includes German PPI at 09:00, the current balance of the Eurozone at 11:00, a statement of the Bank of England Governor Mark Carney at 13:00.
G.Hristov / Head of Fundamental Analyzes
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