London at dawn.
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LONDON — European stocks are expected to open broadly higher on Tuesday as investors track geopolitical developments following the U.S.’ ouster of Venezuelan leader Nicolas Maduro.
The U.K.’s FTSE index is seen opening 0.4% higher, Germany’s DAX up 3%, France’s CAC 40 0.2% higher, and Italy’s FTSE MIB up 0.25%, according to data from IG.
Positive sentiment looks set to continue for global markets Tuesday as global investors digest the ousting and capture of Maduro last weekend.
European bourses traded higher Monday, and the U.S.’ three major averages rallied following the capture of Maduro and after President Donald Trump’s call for American energy giants to invest in the oil-rich nation. The 30-stock Dow closed at a record on Monday.
The market moves suggest that investors this time are pushing aside fears of bigger geopolitical conflicts and remain confident in risk-on assets as the new year begins.
Asian defense stocks rallied for a second straight session Tuesday, even as the region traded mixed, with investors assessing geopolitical risks after the U.S. attack on Venezuela.
European data releases on Tuesday include French and German inflation data, and U.K. new car sales.
— CNBC’s Pia Singh contributed to this market report.
