European equities are expected to open lower Tuesday following an uninspiring lead from Asia overnight and Wall Street Monday and increased concerns over the threat of terrorism.
Oil prices got a boost Monday after Saudi Arabia pledged to work toward oil price stability, although a strong dollar and rise in U.S. crude stocks limited the price rally, Reuters reported. The alert comes as Belgium charges one suspect linked to the Paris attacks.Until now Brussels events and restrictions in the European Parliament does not have a significant impact on the markets. In Asia overnight, equity markets traded mixed.
Earnings come from Kingfisher and Compass and 09:00 German GDP (QoQ) (Q3), with expectations 0.3%; 11:00 German Ifo Business Climate Index (Nov) with expectations 108.2.
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