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LONDON – European stocks are expected to open mixed on Tuesday as economic uncertainty and worries about Europe’s growth prospects once again come to the fore.

British FTSE German index expected to open 4 points higher at 8,253 German DAX Index France rose 23 points to 18,852 CAC 40 Up 19 points to 7,518 points, Italy FTSE MIB It rose 16 points to 33,610, according to IG data.

European stocks ended higher on Monday as investors assessed banking transactions and preliminary combined PMI data from Germany and France. Measures of business activity in manufacturing and services fell in September in Europe’s two largest economies and the wider euro zone.

Market participants will be watching closely Commerzbank According to Reuters, German Chancellor Olaf Scholz criticized UniCredit Bank for its “hostile” and “unfriendly” actions towards the bank. The stock fell about 5.7% on Monday and fell about 5.7% on Tuesday. .

His comments came shortly after Italy’s comments. UniCredit Bank declare that it has Increase stake in German banks to about 21% and submitted a request to increase its stake to 29.9%, indicating that a takeover bid may emerge.

Asia Pacific market Climbs overnight, with Chinese shares leading gains after Beijing announces slew of policy easing measures in a rare briefing Pan Gongsheng, Governor of the People’s Bank of China, delivers a speech.

The People’s Bank of China will Reduce deposit reserve ratio The bank cut interest rates by 50 basis points but did not provide a specific timetable. And announced that it would lower the 7-day reverse repurchase rate from 1.7% to 1.5%. among other measures.

US stock futures The S&P 500 and Dow Jones Industrial Average were largely unchanged on Monday after hitting new closing records.

The gains were modest, but appeared to be a continuation of gains after the Federal Reserve cut interest rates by half a percentage point last week. The federal funds rate currently ranges from 4.75% to 5.00%