London LTSE will open with 22 points higher, french CAC with 6 points higher and german DAX 20 points higher.
Meanwhile, the political instability regarding the U.S. presidential election remains a concern among investors with only one week to go until voters head to polling stations. A NBC News survey showed that the 6-point lead of Hillary Clinton over Donald Trump seemed unchanged since last week, despite the FBI's announcement that it would be investigating additional emails regarding Clinton's use of a private email server. Donald Trump said Monday that a potential probe into Clinton's emails would shadow her mandate as president.
Elsewhere, both the Reserve Bank of Australia and the Bank of Japan decided to keep their policies unchanged Tuesday. Members of the Federal Reserve are also due to start of a two-day meeting on Tuesday, with a rate decision due Wednesday.
Governor Mark Carney of the Bank of England announced Monday he would not step down until 2019 - one more year than previously expected – to help Britain offset the uncertainty regarding Brexit. Prime Minister Theresa May is chairing a weekly cabinet meeting following reports of divisions among ministers on Brexit negotiations.
Shell, BP, Virgin Money are reporting their third-quarter earnings on Tuesday.
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