European markets head for higher open, unfazed by U.S.-China tensions

European markets head for higher open, unfazed by U.S.-China tensions

European stocks are expected to open higher on Tuesday, tracking gains in Asia and the U.S. despite heightened tensions between the U.S. and China.London's FTSE is seen opening 48 points higher at 6,098, Germany's DAX up 112 points at 12,794, France's CAC 40 up 41 points at 4,946 and Italy's FTSE MIB up 182 points at 19,793, according to IG.Gains in European markets track those seen in Asia Pacific Tuesday and Wall Street Monday as investors appeared unfazed after reports said China had imposed sanctions on 11 U.S. citizens that included Senators Ted Cruz, Marco Rubio, Tom Cotton, Josh Hawley and Pat Toomey. The retaliatory move from Beijing followed after Washington last week said it will impose sanctions on 11 individuals including Hong Kong leader Carrie Lam for her role in overseeing and "implementing Beijing's policies of suppression