European markets opened higher Tuesday as global investors await the latest U.S. inflation report.
The Stoxx 600 index shook off some of Monday’s negativity to trade 0.44% higher at the open. Sectors were mainly in the green, with oil and gas stocks up by nearly 1%.
The February reading of the consumer price index, which is set to be released on Tuesday at 8:30 a.m. ET, is being closely watched to see how it could inform the Federal Reserve’s interest rate trajectory.
Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.