The lights of Frankfurt’s bank skyline shone in the final light.
Boris Roesler | Picture Alliance | Getty Images
LONDON – European markets were higher on Tuesday as investors assessed geopolitical risks, while British markets reopened after being closed for a national bank holiday on Monday.
At 8:06 a.m. London time, the pan-European Stoxx 600 index was up 0.2%, with all major regional indexes rising. Sectors were mixed, with mining stocks rising 0.84%, tourism and leisure stocks falling 0.28%, and technology stocks falling 0.11%.
European markets were mixed on Monday.
investor Continue to weigh geopolitical risks Israel and Hezbollah launched attacks on each other over the weekend, raising fears of a wider conflict in the Middle East.
Uncertainty sent oil prices higher on Monday. Prices fell slightly on Tuesday, with Brent crude futures down 0.12% to $81.33 a barrel at 8:08 a.m. London time, and U.S. West Texas Intermediate crude oil fell 0.25% to $77.23 a barrel.
In terms of European data, german statistics office The country’s final second-quarter gross domestic product was announced on Tuesday, saying it fell by 0.1% quarter-to-quarter. This is consistent with preliminary second-quarter GDP data released in July.
Elsewhere, the Hungarian central bank is set to announce an interest rate decision.
