European stocks were seen steadying on Tuesday after a pullback in the previous session that had been caused by a new slump in the prices of crude oil, which fell to five-year lows.
Financial spreadbetters expected Britain's FTSE 100 to open up by 4-9 points, or 0.1 per cent higher. Germany’s DAX was expected to open up by as much as 10 points, or 0.1 per cent, and France’s CAC 40 was also expected to open up by 5-9 points, or 0.1-0.2 per cent higher.
Brent crude slipped to nearly $72 a barrel on Tuesday, giving up some of the gains seen on Monday when prices rallied for the first time in six sessions, but Europe’s stock markets were expected to be lifted by progress overnight in Asia.