European markets are heading for a lower open Tuesday, as investors assess what U.S. President-elect Donald Trump's return to the White House could mean for the region's economy amid worries about possible tariffs.
The U.K.'s FTSE 100 index is expected to open 18 points lower at 8,054, Germany's DAX down 93 points at 19,355, France's CAC down 34 points at 7,392 and Italy's FTSE MIB down 157 points at 33,659, according to data from IG.
Investors will scrutinize a fresh batch of economic data this week, including an inflation reading from Germany on Tuesday, and U.S. inflation and U.K. gross domestic product on Thursday.
Infineon, Bayer, Vodafone and AstraZeneca will report earnings, while U.K. unemployment and European and German ZEW economic sentiment figures are also due today.
Asia-Pacific markets mostly fell overnight with investors exercising caution even as US.
Persons:
Donald Trump's, Germany's DAX
Organizations:
France's CAC, IG, Infineon, Bayer, Vodafone, AstraZeneca
Locations:
Germany, Asia, Pacific