European markets likely to open with uncertainty affecting sentiment.

European markets likely to open with uncertainty affecting sentiment.
European markets likely to open with uncertainty affecting sentiment.

Tuesday, European stocks are predicted to open in a mixed state, after a week that began with a positive session.

According to IG's data, the U.K.'s index is predicted to open 19 points higher at 8,243, Germany's index is expected to rise 35 points to 18,464, France's index is forecasted to increase by 2 points to 7,421, and Italy's index is predicted to open 9 points higher at 33,648.

Despite regional markets closing higher on Monday, European stocks remain uncertain due to negative sentiment from last week.

Overnight, positive sentiment was observed in Asia-Pacific markets, resulting from gains on Wall Street that led the S&P 500 and Nasdaq Composite to recover from their worst week of the year.

Anticipation of an interest rate cut at the upcoming U.S. Federal Reserve meeting on Sept. 17-18 is driving investor hopes to assuage concerns about a weakening economy.

The U.K. unemployment figures and Italy's latest industrial production data are among the data releases, but there are no major earnings releases.

by Holly Ellyatt

Markets