European stock markets are expected to open mixed Tuesday as German consumer confidence sees another drop while the summit of Group of Seven leaders continues. At 2 AM ET (0600 GMT), the DAX futures contract in Germany traded 0.2% lower, while CAC 40 futures in France gained 0.1%, and the FTSE 100 futures contract in the U.K. rose 0.1%. This has weighed heavily on consumer sentiment, as shown by the latest GfK German consumer climate index.
European stock markets are expected to open marginally lower Monday, with investors looking toward the European Central Bank’s annual get-together as well as the summit of the Group of Seven leaders for guidance after an extremely turbulent first half of the year. At 02:00 AM ET (0600 GMT), the DAX futures contract in Germany fell 0.1%, CAC 40 futures in France dropped 0.1%, and the FTSE 100 futures contract in the U.K. fell 0.1%. European equity indices closed last week with healthy gains, as the pan-European STOXX 600 index ended 2.6% higher Friday, its best day in more than three months.